Key Decision and Effective Date
The Board of Directors at its meeting held on November 4, 2026 approved the appointment of M/s. Krishna Reddy & Co., Chartered Accountants, as Internal Auditor of the Company for the Financial Year 2026-27. The appointment was based on the recommendation of the Audit Committee.
Appointment Details
- Date of Appointment: November 4, 2026
- Terms of Appointment: Appointed for the Financial Year 2026-27 at terms approved by the Board of Directors
- Reason for Change: Appointment of new internal auditor
Auditor Profile
M/s. Krishna Reddy & Co. is a Hyderabad-based firm of Chartered Accountants practicing since 1990. The firm provides audit, assurance, taxation and project advisory services to companies, firms, co-operative societies, trusts and other entities. The firm has two partners supported by a team of 25 professional and support staff, and retains specialists in company law, cost accounting and information-systems audit. The client base consists of 525 files spanning healthcare, hospitality, infrastructure, agri-business, energy and education sectors.
Relationships Disclosure
The company stated that disclosure of relationships between directors is Not Applicable for this appointment.
Financial Impact
No financial impact quantified in the disclosure.