Aar Shyam Appoints Viresh Verma as Statutory Auditors

Company Disclosure

Aar Shyam India Investment Company Limited filed a regulatory disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the appointment of new statutory auditors.

Nature of Event

The disclosure concerns the appointment of M/s. Viresh Verma & Co., Chartered Accountants (Firm Registration No. 026874N) as the Statutory Auditors of the Company.

Board Approval Details

The Board of Directors approved the appointment at its meeting held on August 21, 2026. The decision was based on the recommendation of the Audit Committee.

Term of Appointment

M/s. Viresh Verma & Co. will hold office for a term of five consecutive years, commencing from the conclusion of the ensuing 43rd Annual General Meeting (AGM) until the conclusion of the 48th AGM of the Company to be held in the calendar year 2031.

Shareholder Approval Requirement

The appointment is subject to approval by shareholders at the ensuing Annual General Meeting.

Auditor Profile

M/s. Viresh Verma & Co. is described as a professionally managed Chartered Accountancy firm providing services in Audit, Assurance, Taxation, Banking, Financial Advisory, and regulatory compliance. The firm has a reputation for professional excellence, integrity, and client-centric approach.

Relationship Disclosure

The disclosure confirms that M/s. Viresh Verma & Co. and its partners do not have any relationship with any Director or Key Managerial Personnel of the Company.

Financial Impact

No financial impact quantified in the disclosure. The appointment represents a governance change rather than a direct financial transaction.

#Tags: #AarShyamIndia #StatutoryAuditors #SEBIDisclosure #RegulatoryCompliance #GovernanceUpdate #Neutral