Shigan Quantum Technologies Approves Reappointment of Cost and Internal Auditors, Sets AGM Date
The Board of Directors of Shigan Quantum Technologies Limited made several key operational decisions during a meeting held on August 12, 2026. Among the resolutions approved were the re-appointment of specialized auditors and the scheduling of the company's next Annual General Meeting (AGM).The Board confirmed the re-appointment of M/s. SPB & Co. as Cost Auditors for the financial year 2026-27, following a recommendation from the Audit Committee. Concurrently, ASC Consulting Pvt. Ltd. was also approved for re-appointment as the Internal Auditors for the same fiscal year.
In addition to these appointments, the Board determined the crucial timeline for member entitlement regarding dividend payments and the convening of the AGM. The company announced that Friday, August 28, 2026, has been fixed as the Record Date to determine members' eligibility for the final Dividend, should it be declared at the forthcoming meeting.
The Annual General Meeting (AGM) was set for Friday, September 25, 2026, scheduled to take place at 12:30 p.m. (IST). The Notice of this AGM will be submitted in due course.
Audit and Auditor Profiles
The company has confirmed the appointments of both specialized audit firms for the financial year 2026-27. Details regarding both appointed firms are provided below:| Name | M/s. SPB & Co. Cost Accountants / ASC Consulting Private Limited |
|---|---|
| Reason for Change | Re-appointment as the Cost Auditors of the Company / Re-appointment as the Internal Auditors of the Company |
| Date of Appointment and Term | August 12, 2026, for the financial year 2026-27 |
| Brief Profile | M/s. SPB & Co. specializes in statutory cost audits, preparation of cost records, costing system design, inventory verification, DGFT consultancy, and taxation services. They have strong expertise in the automotive and manufacturing sectors and have served PSUs and various government entities. / ASC Consulting Private Limited is a professional consulting firm with nearly 30 years of experience, specializing in Internal Audit, Enterprise Risk Management, Process Designing, and ICFR. The firm serves a diverse clientele across India, Middle East, USA, Europe, and China. |
| Disclosure of relationship between Directors | Not Applicable |
SHIGAN Stock Price Movement
On Wednesday, shares of Shigan Quantum Technologies Limited settled at ₹62 after trading flat by 0.00% in a closed session. The stock maintained this price point throughout the day, indicating consolidated activity as the company closed the market.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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