Appointment of Internal Auditor
Awaiting price reaction for this filing.
South Asian Enterprises Ltd has appointed M/s. S. Bansal & Associates, Chartered Accountants (FRN: 002498N), as its Internal Auditor for the Financial Year 2025-26. The appointment was made by the Board of Directors on May 28, 2025, based on the recommendation of the Audit Committee, under Section 138 of the Companies Act, 2013. The firm is based in Delhi and has over 32 years of experience in conducting internal audits across accountancy, taxation, and audit matters. No disclosure of any relationships between the auditor and the company's directors was reported.
This is a routine governance disclosure with no material impact on shareholders or the stock price. It indicates compliance with regulatory requirements for internal auditing and does not signal any concern or change in company operations.