ALGOQUANT · price
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Algoquant Fintech Ltd's Board, in a meeting held on May 27, 2026, approved the appointment of M/s. VBRG & Associates, Chartered Accountants (FRN: 022879C) as the company's Internal Auditor for Financial Year 2026-27. The appointment was made on the recommendation of the Audit Committee and is effective from April 1, 2026. The appointment is in compliance with Section 138 of the Companies Act, 2013. The auditor is a Ghaziabad-based firm led by Chartered Accountant Vipul Bansal, who handles statutory, internal, and tax audits for clients across industries. No relationships exist between the auditor and any company directors.
This is a routine compliance-driven appointment mandated by the Companies Act, 2013. No immediate share price impact is expected as this represents standard corporate governance practice.