Capri Global Capital Limited has informed the Exchange regarding Appointment of Ms Singhi & Co. Chartered Accountants as Other of the company w.e.f. August 01, 2025.
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Capri Global Capital Limited (CGCL) has appointed M/s Singhi & Co., Chartered Accountants as its Joint Statutory Auditor, effective August 01, 2025. The appointment is for a term of three years, from the conclusion of the 31st Annual General Meeting (AGM) to the conclusion of the 34th AGM, and is subject to shareholder approval. This move follows an RBI guideline that requires NBFCs with assets of Rs. 15,000 crore or more to have joint statutory audits by at least two audit firms. Capri Global's assets crossed Rs. 15,000 crore as of March 31, 2025, triggering this requirement. Singhi & Co. is a peer-reviewed firm (FRN: 302049E), ranked the 7th largest assurance service provider in India, and is part of the global Moore Global network with strong BFSI audit experience.
This is a routine regulatory compliance appointment and not a governance red flag. The fact that Capri Global now needs joint auditors signals continued growth in its loan book (assets exceeding Rs 15,000 crore). Singhi & Co. is a well-established firm, which should reinforce audit quality. No material impact on stock price is expected from this announcement.