Rushabh Precision Bearings Ltd Re-appoints Statutory Auditors for 5 Years
Rushabh Precision Bearings Limited has re-appointed M/s. Rajesh Laxmi & Associates as Statutory Auditors for a five-year term. This decision was approved by the Board on September 03, 2026, and is pending member approval at the AGM. The term covers financial years 2026-27 to 2030-31.
The re-appointment of a statutory auditor is a routine compliance requirement and does not represent a significant change in the company's operations or financial outlook. Therefore, the impact on the company is considered low.
The announcement pertains to the routine re-appointment of statutory auditors, which is a standard corporate governance procedure. It does not contain any information that would significantly impact the company's financial performance or market position.
Rushabh Precision Bearings Limited announced the re-appointment of M/s. Rajesh Laxmi & Associates, Chartered Accountants, as the company's Statutory Auditor. This decision was made by the Board of Directors during their meeting held on September 03, 2026, based on the recommendation of the Audit Committee.
The re-appointment is for a term of five years, commencing from the conclusion of the 37th Annual General Meeting (AGM) and extending until the conclusion of the 42nd AGM, which is expected to be held in the financial year 2030-31. This re-appointment is subject to the approval of the company's members at the upcoming AGM.
Rajesh Laxmi & Associates, a firm primarily engaged in accounting, bookkeeping, and auditing activities, will conduct the statutory audit for the financial years 2026-27 to 2030-31. The company has provided the necessary details as per SEBI regulations.
A plain-language summary of a public exchange filing by Rushabh Precision Bearings Limited. Read the original for the full detail.