Vidya Wires Appoints M/s. J. B. Mistry & Co. as Cost Auditor for FY27
Vidya Wires Limited appointed M/s. J. B. Mistry & Co. as Cost Auditor for FY 2026-27. The appointment was approved by the Board on August 11, 2026. The firm will conduct the cost audit for the period April 1, 2026, to March 31, 2027.
The appointment of a cost auditor is a standard annual compliance requirement and typically has a minimal direct impact on the company's financial performance or stock price.
The appointment of a cost auditor is a routine regulatory compliance and does not inherently bring positive or negative financial implications.
Vidya Wires Limited announced the appointment of M/s. J. B. Mistry & Co., Cost Accountants, as the Cost Auditor for the Financial Year 2026-2027. The decision was approved by the Board of Directors at a meeting held on 11th August, 2026, based on the recommendation of the Audit Committee.
This appointment is in accordance with Section 148 of The Companies Act, 2013, and the Companies (Cost Records and Audit) Rules, 2014. M/s. J. B. Mistry & Co. will undertake the Cost Audit for the period from 1st April 2026 to 31st March 2027.
M/s. J. B. Mistry & Co. is a proprietary firm of Practising Cost Accountants with extensive experience in Cost Audit, Cost Record compliance, costing systems, and management consultancy. The firm's lead, Mr. Jagadishchandra Babulal Mistri, is a Fellow Member of the Institute of Cost Accountants of India with over five decades of experience.
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