Aye Finance Limited has informed the Exchange regarding Change in Auditors of the company.
AYE · price
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Aye Finance Limited's Board meeting on April 27, 2026 resulted in three key leadership changes: (1) Mr. Sovan Satyaprakash resigned as Interim Chief Financial Officer effective end of day April 27, 2026, but will continue as Head of Strategy & Product; (2) Mr. Gaurav Seth, a chartered accountant with 27 years of BFSI experience (previously CFO at IIFL Home Finance and Airtel Payments Bank), was appointed as the new CFO effective April 28, 2026; and (3) MSKA & Associates, LLP was appointed as the new Statutory Auditors for 3 years, replacing M/s S S Kothari Mehta & Co. LLP whose tenure expires at the 33rd AGM in 2026. The auditor change is a planned rotation, not a mid-term resignation.
The CFO transition from interim to a permanent, experienced finance leader signals improved institutional stability. The routine auditor rotation with a well-established firm (MSKA & Associates, established 1978) should have minimal market impact.