Vapi Enterprise Ltd. has announced the appointment of M I Shah And Co. as its new Statutory Auditors for the financial year 2026-27. This decision was made by the Board of Directors upon the recommendation of the Audit Committee and is subject to shareholder approval. The firm, M I Shah And Co., possesses extensive experience in corporate audits, tax audits, and trust audits.
Statutory Auditor Appointment
Vapi Enterprise Ltd. has officially informed stakeholders about the appointment of its Statutory Auditors for the upcoming financial year. The Board of Directors, acting on the recommendation of the Audit Committee, has approved the engagement of M I Shah And Co., a firm holding registration number 119025W.
Term and Experience
The appointment is for the financial year 2026-27 and is contingent upon the approval of the company’s shareholders. M I Shah And Co. has confirmed their eligibility and will hold the office for a period of one year, commencing from the conclusion of the upcoming 52nd Annual General Meeting (AGM) until the conclusion of the 53rd AGM.
The firm brings substantial experience to the role, including:
- Over 25 years of experience in statutory audits of corporate entities, both listed and unlisted, under various allied laws.
- Over 25 years of experience conducting tax audits for corporate and non-corporate entities under the Income Tax Act, 1961.
- The proprietor has over 20 years of experience in handling project finance, particularly Greenfield Projects.
- Over 13 years of experience in conducting statutory audits of trusts and managing their income tax filings and scrutiny assessments.
- Over 10 years of experience in conducting statutory branch audits for nationalized banks.
Details pertaining to this appointment as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, are available in the enclosed Annexure.
Source: BSE
