Arshiya Limited has informed the Exchange regarding Change in Auditors of the company.
ARSHIYA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Arshiya Limited, currently under Corporate Insolvency Resolution Process (CIRP), has appointed M/s. Anupam Parashar & Co., Chartered Accountants (FRN: 023779C) as its Internal Auditor. The firm has been appointed for FY 2023-24 and re-appointed for FY 2024-25 and FY 2025-26. The appointment was made by the Resolution Professional, Mr. Pankaj Mahajan, since the company's Board of Directors stands suspended under the Insolvency and Bankruptcy Code, 2016. The appointment and remuneration will be placed before the Committee of Creditors for information and ratification.
This is a routine governance step taken during the insolvency process to ensure statutory compliance and maintain internal financial controls. It does not directly impact shareholders' value but reflects that the Resolution Professional is carrying out required audit formalities during CIRP.