Meera Industries Ltd Appoints M/s. M R Bombaywala & Co. as Statutory Auditors for Five Years
Meera Industries Limited, during a Board meeting held on June 26, 2026, announced the appointment of two key auditing firms: M/s. M R Bombaywala & Co. to serve as Statutory Auditors and M/s. Christie & Co. as the Internal Auditor for the upcoming financial year.The Board recommended M/s. M R Bombaywala & Co., Chartered Accountants, Surat (ICAI Firm Registration No. 123117W), for the role of Statutory Auditor. This appointment is set to last for five consecutive financial years, commencing from the financial year 2026-27 and ending with the financial year 2030-31 (i.e., covering the period from April 1, 2026, to March 31, 2031).
The company noted that while the existing Statutory Auditors will conduct a limited review of the unaudited financial results for the quarter ending June 30, 2026 (Q1 of FY 2026-27), M/s. M R Bombaywala & Co. will assume statutory audit or limited review duties starting from the quarter ending September 30, 2026 (Q2 of FY 2026-27), for the remainder of their term.
Additionally, the Board approved the appointment of M/s. Christie & Co., Chartered Accountants, Surat (ICAI Firm Registration No. 101939W), as the Internal Auditor for the financial year 2026-27. The scope of work for M/s. Christie & Co. includes conducting the internal audit and providing a report on the quarter ending June 30, 2026.
The details of both appointments, including the background of the firms, are summarized below:
| Feature | Statutory Auditor (M/s. M R Bombaywala & Co.) | Internal Auditor (M/s. CHRISTIE & CO.) |
|---|---|---|
| Appointment Reason | Appointment for a term of five consecutive financial years (FY 2026-27 to FY 2030-31). | Appointment for the Financial Year 2026-27. |
| Term Details | Five consecutive financial years, beginning April 1, 2026, and ending March 31, 2031. | For FY 2026-27. |
| Firm Profile | Established in 1988, the firm provides audit, taxation, financial, and consultancy services. | Established on October 16, 1983, providing audit, taxation, and consultancy services. CA Vikas Pancholi has been actively engaged in professional service since qualifying. |
The appointments were made by the Board of Directors following recommendations from the Audit Committee.
Stock Price Movement
Meera Industries Ltd.'s shares closed down 2.00% on Thursday, finishing the day trading at ₹46.55. The stock traded completely flat throughout the session, with the high and low both matching at ₹46.55.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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