Modern Dairies Ltd has announced the appointment of M/s. Sanjeev Sharma & Associates as its new Statutory Auditors. This change comes as the current auditors, APT & Co. LLP, conclude their term at the upcoming Annual General Meeting (AGM) on September 26, 2026. The new auditors will serve for a period of one year, concluding at the AGM in 2027, subject to shareholder approval.
New Statutory Auditors Appointed
Modern Dairies Ltd has appointed M/s. Sanjeev Sharma & Associates, a firm of Chartered Accountants with Registration No. 12326N, as its new Statutory Auditors. This decision was made by the Board of Directors following a recommendation from the Audit Committee.
Transition and Term
The existing Statutory Auditors, APT & Co. LLP, Chartered Accountants, will complete their current term at the conclusion of the Annual General Meeting (AGM) scheduled for September 26, 2026. M/s. Sanjeev Sharma & Associates will then take over as the company’s Statutory Auditors for a term of one year, extending until the conclusion of the AGM to be held in 2027. This appointment is subject to the approval of the company’s shareholders.
Profile of New Auditors
Established in 1993, M/s. Sanjeev Sharma & Associates is registered with the ICAI, C&AG, and RBI. The firm possesses extensive experience in statutory, concurrent, revenue, stock, and internal audits, alongside expertise in GST consultancy, income tax advisory, accounting, and company law compliance. They have a proven track record of serving prominent public sector banks and government organizations.
Source: BSE
