Shakti Pumps (India) Limited has officially announced the appointment of M/s. M.P. Turakhia & Associates as the Cost Auditor for the Financial Year 2026-27. This strategic appointment, approved by the Board of Directors on May 7, 2026, ensures continued adherence to high standards of financial transparency and regulatory compliance. The firm brings extensive expertise in cost management and advisory services to support the company’s fiscal governance.
Appointment Details
During the meeting held on May 7, 2026, the Board of Directors of Shakti Pumps (India) Limited formalized the appointment of M/s. M.P. Turakhia & Associates to serve as the company’s Cost Auditor. This appointment is designated for the Financial Year 2026-27 and is subject to the final approval of the shareholders during the company’s upcoming Annual General Meeting (AGM).
Expertise of the Appointed Firm
The newly appointed firm, M/s. M.P. Turakhia & Associates, consists of a specialized team of Cost Accountants with significant experience in the field of Cost and Management Consultancy. The firm is led by partners who possess over 28 years and 19 years of professional experience, respectively. Their areas of expertise include cost auditing, taxation, and industrial consultancy.
Strategic Advisory Services
Beyond standard cost auditing, the firm brings a wealth of experience in assisting various organizations across the private and public sectors. They offer comprehensive advisory services, including support for GST compliance, Export-Import matters, and other regulatory requirements. This partnership is expected to strengthen the company’s internal financial processes and ensure robust regulatory alignment throughout the 2026-27 fiscal period.
Source: BSE
