Sunteck Realty appoints Kejriwal & Associates as new cost auditor
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Sunteck Realty Limited has appointed M/s. Kejriwal & Associates as its new cost auditors, effective April 1, 2026, for a 12‑month term.
- Core Change: Replacement/appointment of the company’s cost auditor with M/s. Kejriwal & Associates (a proprietorship led by an ICAI Fellow).
- Effective Date: April 1, 2026 (as approved in the board meeting held on the same day).
- Impacted Parties:
- Sunteck Realty Limited – responsible for engaging and overseeing the auditor.
- Shareholders / Investors – benefit from enhanced cost‑audit quality and governance.
- Regulators – receive compliant cost audit reports under the Companies Act.
- Why (stated): To satisfy statutory cost‑audit requirements under the Companies Act and to reinforce the company’s commitment to robust compliance and transparent cost reporting.
- Key Compliance / Legal Requirements:
- Appointment fulfills the mandatory cost‑audit obligation for listed entities under the Companies Act.
- Auditor’s credentials (ICAI Fellow, 30+ years experience) align with regulatory expectations for GST, Excise, Service Tax, Customs, and cost audit expertise.
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