Reg 30_ Intimation of appointment of internal auditor
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Awaiting price reaction for this filing.
Adishakti Loha and Ispat Ltd has informed the stock exchanges about the appointment of an internal auditor under Regulation 30. The company has named a new internal auditor to oversee its internal financial controls and compliance processes. No specific details about the auditor's name or the effective date were provided in the headline. This is a routine corporate governance update required by SEBI listing rules.
This is a routine compliance filing and is unlikely to have any material impact on the stock price or shareholder value. It reflects standard governance practice by the company.