Tamil Nadu Newsprint & Papers Limited Re-Appoints External Internal Auditors, Addresses Stock Exchange Penalties
Tamil Nadu Newsprint & Papers Limited (TNPL) announced the re-appointment of M/s. B. Thiagarajan & Co. as External Internal Auditors for the financial year 2026-27. The audit fees are set at Rs. 19,50,000 per annum, comprising Rs. 12,75,000 for Unit-I and Rs. 6,75,000 for Unit-II, plus applicable taxes.The company also disclosed that it received fines totaling Rupees Four Lakh Eighty Nine thousand and Seven Hundred (Rs. 4,89,700) from both the BSE Limited (BSE) and the National Stock Exchange (NSE). These fines were related to non-compliance with the requirements pertaining to the composition of the Board under Regulation 17 (1) of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. TNPL confirmed that it is now compliant with Regulation 17(1).
The Board Meeting took place on March 27, 2026, commencing at 1:00 P.M and concluding at 5:00 P.M.
Details of Re-Appointed External Internal Auditors:
| Particulars | Description |
|---|---|
| Firm Name & Address | M/s. B. Thiagarajan & Co., Old No.15, New No.24, Yogambal Street, T. Nagar, Chennai - 600017 |
| Reason for Re-Appointment | To comply with Section 138 of the Companies Act, 2013 and the requirements under SEBI (LODR) Regulations, 2015. |
| Date of Re-Appointment | March 27, 2026 |
| Terms of Appointment | Conduct External Internal Audit for the FY 2026-27 with audit fees of Rs.19,50,000/- per annum [Rs.12,75,000/- for Unit-I and Rs.6,75,000/- for Unit-II] plus applicable taxes. |
| Brief Profile | Chennai-based Chartered Accountants firm established in 1975, providing statutory audit, internal audit, management audit and taxation services. |
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