Indo Rama Synthetics Approves FY26 Results, Appoints Auditors for 2026-27
Indo Rama Synthetics (India) Limited announced the outcomes of its Board Meeting held on May 25, 2026. During the meeting, the company’s Board of Directors approved the Audited Standalone and Consolidated Financial Results for the quarter and the full financial year ended March 31, 2026.The Board also reviewed the Audit Reports submitted by the Company’s auditors, noting that the reports carry an unmodified opinion regarding the financial results. Additionally, the Chief Financial Officer provided a declaration confirming the submission of the audit report with an unmodified opinion.
The company confirmed that the Extract of Audited Financial Results for the quarter and financial year ended March 31, 2026, will be published on the company’s official website.
Key Operational and Governance Decisions
In matters of corporate governance and appointments, the Board of Directors addressed the following points:Auditor Appointments:
The Board approved the appointment of M/s Deloitte Haskins & Sells LLP, Chartered Accountants, as the Internal Auditors of the Company for the financial year 2026-27. Deloitte is described as a leading global professional services network operating in over 150 countries and territories.
Concurrently, Mr. R. Krishnan, Cost Accountant, was re-appointed as the Cost Auditor of the Company for the financial year 2026-27. Mr. R. Krishnan brings over 20 years of experience and expertise in Cost Audit, Financial Planning, and Management Accounting.
Dividend and AGM:
Regarding shareholder returns, the Board noted that considering the financial results for the FY 2025-26, the Company is unable to declare a dividend for that year.
Finally, the Board approved the convening of the 40th Annual General Meeting (AGM) of the company. The AGM is scheduled for Tuesday, September 8, 2026, and will be held through Video Conferencing/OAVM facility.
The Board Meeting commenced at 12:00 PM IST and concluded at 5:30 PM IST.
INDORAMA Stock Price Movement
On Monday, Indo Rama Synthetics (India) Limited shares rallied, closing at ₹37.06 after gaining 3.75% for the session. The stock recorded significant activity, trading on a volume of 60,329 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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