Roto Pumps Limited — Others, 14-08-2025: Change in Auditors
14-08-2025 | 08:59 pm
14-08-2025 | 08:59 pm
Roto Pumps' Board has approved the first quarter financial results. The company plans to invest up to Rs. 10.00 Cr in its wholly-owned solar pump subsidiary, Roto Energy Systems, which recorded Rs. 1.25 Cr turnover last fiscal. Roto Pumps also gained full ownership of its step-down subsidiary, Roto Pumps Africa, by acquiring the remaining 25% stake. Notably, a fraud of approximately Rs. 6 Cr was detected in Roto Pumps Africa, with management expecting recovery. The Board re-appointed Cost Auditors, appointed Secretarial Auditors, and onboarded new General Managers for UK and Australia operations. The 50th Annual General Meeting dates were also set.
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