Prajay Engineers Appoints M/s. R B Associates as Statutory Auditors for 5 Years
Prajay Engineers Syndicate Limited has appointed M/s. R B Associates as Statutory Auditors for 5 years, effective 29-09-2026. M/s. G P Reddy & Associates has been appointed as Secretarial Auditors for 5 years, effective 05-09-2026. Both appointments were approved at the 32nd AGM.
The appointment of statutory and secretarial auditors is a routine but important corporate action. It ensures compliance and proper financial oversight, which has a medium-term impact on governance and stakeholder confidence.
The appointment of statutory and secretarial auditors for a significant term indicates stability and compliance, which is viewed positively.
Prajay Engineers Syndicate Limited has announced the appointment of M/s. R B Associates, Chartered Accountants, Hyderabad, as the company's Statutory Auditors for a term of 5 years. This decision was approved by the company's members with the requisite majority during the 32nd AGM, based on the recommendation of the Nomination and Remuneration Committee and the Board of Directors.
The appointment of Statutory Auditors is effective from 29-09-2026 and will continue until the conclusion of the 37th AGM of the company. M/s. R B Associates is a leading professional consultancy firm in Telangana & Andhra Pradesh with over 20 years of experience in audit, assurance, financial guidance, and company law matters.
Additionally, the members approved the appointment of M/s. G P Reddy & Associates, Company Secretaries, as the Secretarial Auditors for a period of 5 consecutive financial years. This appointment is effective from 05-09-2026. M/s. G P Reddy & Associates brings over 9 years of post-qualification experience in secretarial and legal matters, including SEBI regulations and company law compliance.
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Prajay Engineers Syndicate Limited filed this with the NSE as a statutory disclosure, categorised under auditor changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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