Ace Men Engg Works Announces Board Appointments and New Auditor

M/s. Kakaria & Associates LLP appointed as Statutory Auditor for a five-year tenure.
Two new Independent Directors joined the board to strengthen corporate governance.

Reader Takeaway: The company is streamlining its governance structure and audit oversight ahead of the upcoming 46th AGM.

What just happened

Ace Men Engg Works Ltd convened a board meeting on September 5, 2026, to finalize key administrative and governance appointments. The primary highlight is the appointment of M/s. Kakaria & Associates LLP (FRN: 104558W) as the company’s new Statutory Auditor. This appointment is intended to cover a five-year period from FY 2026-27 to FY 2030-31, pending approval from shareholders at the 46th Annual General Meeting.

Director Appointments

The board has refreshed its leadership team through the following moves:

• Re-appointment: Mr. Ruchir Patel (DIN: 09840600) was recommended for re-appointment after retiring by rotation.
• New Inductions: Mr. Virendrasinh Kirtisinh Parmar (DIN: 09368575) and Mr. Bhaumik Kirankumar Raval (DIN: 11927254) have been appointed as Additional Non-Executive Independent Directors. These roles are subject to final regularization.

AGM Preparations

The company is actively preparing for its 46th Annual General Meeting. The board has approved the draft Annual Report for the fiscal year ended March 31, 2026, and the official notice for the meeting. Additionally, Mr. Pratik Bangade has been appointed as the Scrutinizer to oversee the voting processes. The board also finalized the dates for book closure for the Register of Members.

What to track next

Investors should monitor the upcoming 46th AGM, where shareholders will vote on the proposed auditor appointment and the regularization of the newly appointed independent directors.