Master Components Limited Appoints Kirthane & Pandit LLP as Statutory Auditor
Master Components Limited has appointed M/s Kirthane & Pandit LLP as its Statutory Auditor. The decision was made during a meeting held on August 26, 2026, to address a casual vacancy that arose following the resignation of the company's previous statutory auditor.The appointment of M/s Kirthane & Pandit LLP, who hold the FRN 105215W/W100057, is effective from August 26, 2026, and will remain in place until the conclusion of the ensuing Annual General Meeting.
As per the company’s records, M/s Kirthane & Pandit LLP is a professionally managed firm with several decades of experience in audit, risk management, and tax consulting. The firm holds a valid peer review certificate as of the date of appointment.
The company stated that the fees agreed upon with the new auditor are reasonable and commensurate with the scope of work, considering the enhanced size of the company's operations. The appointment was recommended by the Audit Committee and the Board of Directors and fulfills the eligible criteria prescribed for the selection of a statutory auditor.
Key details regarding the appointment are presented below:
| Particulars | Details |
|---|---|
| New Statutory Auditor | M/s Kirthane & Pandit LLP (FRN: 105215W/W100057) |
| Effective Date | August 26, 2026 |
| Term of Appointment | Till the conclusion of the ensuing Annual General Meeting |
| Reason for Change | To fill a casual vacancy caused by the resignation of the existing statutory auditor |
| Auditor Profile | The firm has more than 7 decades of experience in audit, Risk Management, and Tax. |
MASTER Stock Price Movement
Master Components Limited maintains its valuation today, holding steady at ₹435 as of 1:01 PM in live trading. The equity is currently confined within a defined price band ranging from ₹413.25 to ₹456.75.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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