Garware Hi-Tech Films Limited has officially announced the re-appointment of M/s. B. R. Chandak & Co. as the Cost Auditor for the Financial Year 2026-27. The decision, approved by the Board of Directors on May 06, 2026, follows the recommendation of the Audit Committee. The firm, led by proprietor CMA Bhagyashree Chandak, will continue its audit oversight, with the final payment of remuneration subject to ratification by the company’s shareholders at the upcoming Annual General Meeting.
Continuity in Financial Oversight
Following the Board of Directors meeting held on May 06, 2026, Garware Hi-Tech Films Limited has confirmed the continued engagement of M/s. B. R. Chandak & Co. as the company’s Cost Auditor. This re-appointment ensures stability in the company’s cost auditing processes for the 2026-27 financial cycle. The firm brings over 20 years of expertise in cost and financial accounting, providing specialized services to maintain robust financial governance.
Leadership and Professional Background
The audit firm is headed by CMA Bhagyashree Chandak, a fellow member of the Institute of Cost Accountants of India and a practitioner since 2001. With an extensive background in both cost and financial auditing, she has been tasked with overseeing the company’s cost compliance and financial transparency. This professional continuity is expected to support the company’s internal audit framework throughout the coming fiscal year.
Approval and Ratification
While the Board of Directors has formally approved the appointment and the associated remuneration package, the final payment is subject to shareholder ratification. This will be presented for approval at the ensuing Annual General Meeting, ensuring that the company maintains alignment with its investors regarding the management of audit-related expenses.
Source: BSE
