Samvardhana Motherson International Limited Names Auditors for Fiscal Year 2026-27
Samvardhana Motherson International Limited announced on May 20, 2026, that its Board of Directors approved the appointment of several firms to serve as the Cost Auditor and Internal Auditors for the Company for the Financial Year 2026-27.The Board meeting, held on May 20, 2026, formalized the appointments of five professional firms across various auditing roles.
Cost Auditor Appointment
M/s. M.R. Vyas and Associates, Cost Accountants, was appointed as the Cost Auditor for the Company for the Financial Year 2026-27.According to the details provided, M/s. M.R. Vyas & Associates is a Partnership firm of Cost Accountants (Firm Registration No.: 101394) with its head office in Kanpur, India. The firm's partners are described as professionals with vast experience in both industry and practice. The firm provides guidance for the maintenance of Cost Accounting Records prescribed under the Companies (Cost Records and Audit) Rules 2014 and conducts certification regarding the maintenance of Cost Records.
Appointment of Internal Auditors
Four firms were appointed as Internal Auditors for identified business divisions of the Company for the Financial Year 2026-27.The appointed internal audit firms and their brief profiles are summarized below:
| Auditor Name | Service Provided | Appointment Date | Brief Profile Highlights |
|---|---|---|---|
| M/s P.R. Mehra & Co. | Internal Auditor | May 20, 2026 | A multidisciplinary firm established in 1921 by Mr. P.R. Mehra. It serves corporates, SMEs, HNIs, and expats, with internal audit services available in five overseas locations. |
| M/s Protiviti India Member Private Limited | Internal Auditor | May 20, 2026 | Part of Protiviti Global consulting firm, the company provides consulting and managed solutions in finance, technology, operations, data, analytics, governance, risk, and internal audit through a network of over 85 offices in over 25 countries. |
| M/s Arth & Associates | Internal Auditor | May 20, 2026 | A Chartered Accountancy firm established in 1978. The firm has offices in Pune, Mumbai, and Akola, staffed by professionals with extensive experience working with large Multinational Companies and Consulting Firms. |
| M/s TAMS & CO LLP | Internal Auditor | May 20, 2026 | Appointment was noted for the Financial Year 2026-27. |
MOTHERSON Stock Price Movement
Shares of Samvardhana Motherson International Limited are edging higher to ₹134.58 as of 3:00 PM today, rallying 2.35% in live trading. The stock is seeing heavy investor interest, trading on 39.60 million shares, and has notably surged to test its 52-week high of ₹136.15.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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