Shalby Limited Appoints S A & Associates as Cost Auditor for Fiscal Year 2026-27
Shalby Limited announced the appointment of S A & Associates, Cost Accountant, Ahmedabad, to serve as the Cost Auditor for the company for the Fiscal Year 2026-27. The appointment was approved by the company's Board of Directors during a meeting held on May 27, 2026, following a recommendation from the Audit Committee.The company specified that the appointment of S A & Associates, which carries Firm Registration No. 000347, replaces the previously mentioned firm, M/s. Borad Sanjay B & Associates.
The details of the Cost Audit appointment are as follows:
| Particulars | Detail |
|---|---|
| Cost Auditor Appointed | S A & Associates, Cost Accountant, Ahmedabad |
| Firm Registration No. | 000347 |
| Audit Period | Fiscal Year 2026-27 |
| Basis of Appointment | Approved by the Board at its meeting held on May 27, 2026 |
S A & Associates is described as a well-established firm of Practicing Cost Accountants, registered with the Institute of Cost Accountants of India under Firm Registration No. 000347. The firm is based in Ahmedabad, Gujarat.
The practice areas of S A & Associates are specialized, including Cost Auditing, Cost Records Compliance, Cost and Management Consultancy, and Process and Operational Improvements. The firm is led by FCMA Sanjay B. Borad, who possesses qualifications such as Cost & Management Accountant (CMA), Company Secretary (CS), MBA (Finance), Insolvency Professional (IP), and Independent Director (ID). Mr. Borad has over two decades of industry experience and has developed significant expertise in managing complex cost audit and advisory assignments. The firm's industry coverage includes sectors such as Metal, FMCG, Chemicals, Engineering, Automotive Components, Textiles, Electronics, Construction, Healthcare, Plastics, and Infrastructure.
SHALBY Stock Price Movement
On Wednesday, Shalby Limited shares slipped by 2.27% to close at ₹172.33. The stock traded a volume of 215,319 shares, finishing significantly below the day's high of ₹180.7.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.