Nexxus Petro Industries Limited has announced the appointment of CMA Devang Patel & Associates as its Cost Auditor for the financial year 2026-27. The decision, approved by the Board of Directors on September 4, 2026, is subject to shareholder approval at the upcoming Annual General Meeting. This appointment ensures compliance with regulatory requirements for cost audit.
Cost Auditor Appointed for FY2026-27
Nexxus Petro Industries Limited has officially appointed CMA Devang Patel & Associates, a Practicing Cost Accountant firm with FRN: 101976, as its Cost Auditor. This appointment was approved by the Board of Directors during their meeting held on Friday, September 4, 2026. The firm will be responsible for conducting the cost audit for Nexxus Petro Industries Limited for the financial year ending March 31, 2027.
Regulatory Compliance and Shareholder Approval
This appointment is made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The decision follows the recommendations of the Audit Committee. The appointment is provisional and subject to the approval of the company’s shareholders, which will be sought at the ensuing 05th Annual General Meeting.
Details of the Appointed Auditor
M/s Devang Patel & Associates, with the proprietor Devang Patel, brings a wealth of experience in corporate and cost accounting. The firm has a background working with prominent companies in the pharmaceutical and manufacturing sectors. The firm’s proprietor, Devang Patel, has prior experience with Diwanji & Associates, a leading cost accounting firm in India, and has been involved with major corporate clients such as GNFC, GSFC, Reliance, Essar, and Panasonic Battery.
Source: BSE
