SAL Steel Appoints Ashish Bhavsar & Associates as Cost Auditor for FY27
S.A.L. Steel Limited appointed M/s. Ashish Bhavsar & Associates as Cost Auditor for FY2026-27. The appointment is subject to shareholder approval at the ensuing General Meeting. The firm is based in Ahmedabad and offers services in cost audit and consultancy.
The appointment of a cost auditor is a standard statutory requirement and does not have a significant immediate impact on the company's operations or financial performance.
The appointment of a cost auditor is a routine compliance activity and does not inherently carry positive or negative financial implications for the company.
S.A.L. Steel Limited has announced the appointment of M/s. Ashish Bhavsar & Associates as the company's Cost Auditor for the financial year 2026-27. This appointment was made on the recommendation of the Audit Committee and is in compliance with Section 148 of the Companies Act, 2013. The appointment is subject to the approval of the company's members at the upcoming General Meeting.
M/s. Ashish Bhavsar & Associates, a firm of practicing cost accountants based in Ahmedabad, brings a spectrum of services including cost audit, certifications, and cost consultancy across various industries. The firm's expertise also extends to internal audits, stock and asset verification, and industry studies.
The disclosure regarding this appointment was made on May 29, 2026, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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