Digjam Ltd names K G Goyal & Co as its cost auditors for FY 2025-26, ensuring compliance with cost audit regulations and financial transparency.
Digjam Appoints K G Goyal & Co as Cost Auditors for FY 2025-26
Surat, May 28, 2025 –
In a strategic move towards enhancing its financial responsibility and regulatory compliance, Digjam Ltd (BSE: 539979) has formally appointed M/s K G Goyal & Co (Firm Registration No. 000017) as cost auditors for the financial year 2025-26. The announcement came through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This action is in line with the company’s efforts to have cost structures remain open and clear and high corporate governance standards.
A Strategic Financial Compliance Decision
Cost audits are an essential component of corporate governance, particularly for manufacturing firms such as Digjam Ltd. Being an heritage textile company, Digjam is in an industry where precise cost estimation is key to pricing, cost reduction initiatives, and compliance with regulations. The hiring of K G Goyal & Co, a company with a respectable history in cost audit and advisory services, is an indication of Digjam’s proactively adopting financial prudence.
The newly appointed cost auditors will perform an independent review of the company’s cost accounts to review cost effectiveness and compliance with industry standards. Their reports will assist internal decision-making and give stakeholders useful information on the cost structure of the company.
About the Cost Auditor: K G Goyal & Co
Set up with a rich heritage of precision and dependability, K G Goyal & Co has been a leading player in cost audit and consultancy services across the entire country of India. Their expertise includes industries ranging from textiles, chemicals, to engineering, making it an ideal fit for Digjam’s business.
Enrolled with the Institute of Cost Accountants of India, the company has a long reputation of providing comprehensive, actionable audit reports that enable companies to maximize operational efficiency.
Digjam’s Continued Corporate Governance Efforts
The hiring of a well-respected cost auditor occurs at a time when listed companies are under growing pressure from both regulators and investors. The action is a move in line with Digjam Ltd’s overall drive to improve financial reporting procedures, comply with statutory requirements, and ensure its stakeholders financial integrity.
This appointment also indicates fulfillment of the Companies (Cost Records and Audit) Rules, 2014, which requires cost audits of companies in certain sectors depending on turnover and other financial parameters.
Implications for Investors and Stakeholders
For investors, this announcement is a positive signal of the responsibility of Digjam towards internal cost vigilance and financial discipline. In an organizational culture that respects transparency and compliance, such appointments could lead to greater investor confidence and facilitate value creation over the long term.
It is also a comfort to regulators and partners that Digjam Ltd is dedicated to maintaining cost transparency and strictly following SEBI and Ministry of Corporate Affairs guidelines.
Conclusion
The appointment of K G Goyal & Co as cost auditors during FY 2025-26 is not merely a regulatory necessity—it demonstrates Digjam Ltd’s dedication to business efficacies, financial transparency, and corporate accountability. With the company growing and consolidating its leadership position in the textiles industry, having strong internal controls and vigilance systems in place is a key strategic initiative.
For further updates, stakeholders and investors are encouraged to follow official announcements on the BSE website.
