Mos Utility Limited Board Approves Listing Migration and Re-Appoints Internal Auditors
Mos Utility Limited announced key outcomes from its Board of Directors meeting held on April 20, 2026. The meeting addressed major corporate actions, including the planned migration of the company’s listing and the re-appointment of its internal auditor.The Board of Directors approved the migration of the listing and trading of the company’s equity shares. This migration is scheduled from the Emerge Platform of the National Stock Exchange of India Limited (NSE) to the Main Board of the National Stock Exchange of India Limited (NSE), and concurrently to the Main Board of the Bombay Stock Exchange (BSE). This process is contingent upon the approval of the shareholders through a Postal Ballot.
The company also approved the draft notice for the Postal Ballot. The Board decided that the resolution would be passed through Postal Ballot starting on Sunday, April 26, 2026, at 9:00 A.M. (IST), and ending on Monday, May 25, 2026, at 5:00 P.M. Shareholders available as of the cut-off date of April 17, 2026, are eligible to participate.
Auditor Re-Appointment and E-Voting Details
During the meeting, the Board also approved the re-appointment of M/s. SHARPS & Co. as the Internal Auditor for the Financial Year 2026-27.M/s. SHARPS & Co. is a leading Chartered Accountant firm with experience serving clients since 2018. The firm provides comprehensive finance, compliance, and accounting related services across various industries.
The details regarding the Internal Auditor’s re-appointment are summarized below:
| Detail | Information |
|---|---|
| Internal Auditor Name | SHARPS & Co. |
| Reason for Change | Re-Appointment upon Completion of Term |
| Appointment Period | F.Y. 2026-27 (1 year term) |
For the operational aspects of the Postal Ballot, the Board authorized the appointment of M/s. M S Pitroda & Co. (CP No. 20308), a practicing Company Secretary, to serve as the Scrutinizer for E-Voting, and NSDL to provide the necessary E-Voting services.
In addition to these approvals, the Board also noted the Declaration of Independence received from the Independent Director, and considered the Notice of Disclosure of Interest (Form MBP-1) and declarations submitted by the Directors.
MOS Stock Price Movement
Shares of Mos Utility Limited today slipped by 2.10% to close at ₹14.10. The stock settled with a total traded volume of 72,000 shares.Source:
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