Tamil Nadu Newsprint & Papers Limited — Important, 21-03-2025: General Updates

The Board of Directors of Tamil Nadu Newsprint and Papers Limited has approved the re-appointment of M/s B Thiagarajan & Co., Chartered Accountants, as External Internal Auditors for the financial year 2025-26. The audit fees are set at ₹17.75 crore, which will be allocated as ₹11.50 crore for Unit-I and ₹6.25 crore for Unit-II, plus applicable taxes.

This move indicates a commitment to maintaining quality oversight and compliance, which could enhance operational integrity. Investors may view this positively, as a stable audit framework can bolster confidence in financial reporting and governance, potentially leading to improved investor sentiment.