Shah Metacorp Appoints Shivam Soni & Co. as Statutory Auditors for 5 Years
Shah Metacorp Limited appointed M/s. Shivam Soni & Co. as Statutory Auditors for five years (FY 2026-27 to FY 2030-31) from the conclusion of the 27th AGM. M/s Murtuza Mandorwala & Associates were appointed Secretarial Auditors for the same term. The 27th AGM is scheduled for September 30, 2026, with a record date of September 23, 2026.
The change of auditors and scheduling of AGM are standard corporate governance procedures and do not immediately suggest a significant impact on the company's operations or financials.
The announcement pertains to routine corporate actions like auditor changes and AGM scheduling, which do not inherently indicate a positive or negative financial impact.
Shah Metacorp Limited announced key changes in its auditing team following a Board of Directors meeting held on August 31, 2026. The company has approved the appointment of M/s. Shivam Soni & Co., Chartered Accountants, as the new Statutory Auditors for a period of five consecutive years, commencing from the conclusion of the 27th Annual General Meeting (AGM) until the conclusion of the 32nd AGM (FY 2026-27 till FY 2030-31). This appointment is subject to shareholder approval.
The existing auditors, Ashok Dhariwal & Co., Chartered Accountants, will complete their current term at the conclusion of the 27th AGM. M/s. Shivam Soni & Co. brings extensive experience, including work with listed companies and expertise in IndAS, IPO compliances, and forensic audits.
Additionally, the Board approved the appointment of M/s Murtuza Mandorwala & Associates, Practicing Company Secretaries, as the Secretarial Auditors for a similar five-year term (FY 2026-27 till FY 2030-31), also subject to shareholder approval. They will replace M/s. Mehul Raval & Associates upon the conclusion of the 27th AGM.
The company has also fixed the date for its 27th Annual General Meeting to be held on Wednesday, September 30, 2026, through video conferencing. The cut-off/record date for determining eligibility to attend and vote at the AGM has been set as Wednesday, September 23, 2026. Remote e-voting will be open from Saturday, September 26, 2026, at 09:00 A.M. (IST) to Tuesday, September 29, 2026, at 05:00 P.M. (IST). The Board also approved the Notice and Directors Report for the 27th AGM and appointed a scrutinizer for the e-voting process.
A plain-language summary of a public exchange filing by Shah Metacorp Limited. Read the original for the full detail.