Appointment of Internal Auditors
Awaiting price reaction for this filing.
At a board meeting on March 31, 2026, the company appointed M/s Vikas Kshitij & Associates, Chartered Accountants (FRN: 043524N), as its Internal Auditors for FY 2025-26 and 2026-27, on the recommendation of the Audit Committee. The firm specializes in internal audit, risk advisory, and assurance for manufacturing businesses. The board also updated several internal policies, including the insider trading code, whistleblower policy, cyber security and data privacy policy, code of conduct for board members and senior management, and familiarisation programme for independent directors. Additionally, the company moved the maintenance of its books of accounts and financial records from its Delhi registered office to its corporate office in Baddi, Himachal Pradesh. Note: The filing is signed on behalf of RCI Industries & Technologies Limited, though the BSE headline lists the company as JTL Defence Ltd — shareholders may want to clarify this discrepancy.
This is a routine governance and compliance update. The new internal auditor brings manufacturing-sector audit experience, which could strengthen internal controls. The policy refresh and shift in record-keeping location are administrative in nature and unlikely to materially move the stock price.