Unitech Limited Approves Re-appointment of Cost and Statutory Auditors
Unitech Limited has announced the re-appointment of its Cost Auditors and Statutory Auditors following a Board of Directors meeting held on July 16, 2026. The decisions were made based on the recommendations provided by the Audit and Risk Management Committee.The company confirmed the re-appointment of M/s Pant S. & Associates as the Cost Auditors for the financial year 2026-27. M/s Pant S. & Associates is a prominent Cost and Management Accountancy firm established in April 2012 by Mr. Santosh Pant. The firm maintains a presence across five states, including Uttar Pradesh, Delhi, Haryana, Uttarakhand, and Jharkhand, and has served over 50 companies, including Public Sector Undertakings and Multinational Companies.
Furthermore, the Board approved the re-appointment of M/s GSA & Associates, LLP, as the Statutory Auditors for a second consecutive term of five years. This tenure will commence from the conclusion of the ensuing 55th Annual General Meeting (AGM) until the conclusion of the 60th AGM, subject to the approval of the company members at the upcoming AGM.
M/s GSA & Associates, LLP, is a firm with over 50 years of experience in the profession. The firm offers a diverse range of services including Statutory Audit, Internal Audit, Tax Audit, Due Diligence, and Forensic Audit. The lead partner of the firm, Sh. Amarjit Chopra, is an Ex-President of the Institute of Chartered Accountants of India (ICAI).
The details regarding the auditor appointments are summarized in the table below:
| Particulars | Appointment of Cost Auditors | Appointment of Statutory Auditors |
|---|---|---|
| Reason for Change | Re-appointment of M/s Pant S. & Associates (FRN: 101402) | Re-appointment of M/s GSA & Associates, LLP (FRN 000257N/ N500339) for a second term of 05 years. |
| Date and Term | Approved on July 16, 2026, for FY 2026-27 | Approved on July 16, 2026, for a 05 year term from the conclusion of the 55th AGM to the conclusion of the 60th AGM. |
| Firm Profile | Established in April 2012; serves over 50 companies including PSUs and MNCs. | Over 50 years in profession; provides Statutory, Internal, Tax, and Forensic Audit services. |
UNITECH Stock Price Movement
Unitech Limited shares shed 0.88% today to settle at ₹4.53 after slipping from the previous close. The stock saw a turnover of 2.69 million shares during the session.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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