Mr. Muralee Krishnan A.K. Proprietor, M/s. A.K Muralee & Co., resigned as Internal Auditors of the Company effective from financial year 2025-2026
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Mr. Muralee Krishnan A.K., Proprietor of M/s. A.K Muralee & Co., has resigned as the Internal Auditor of the company. The change takes effect from the start of financial year 2025-2026, meaning he will complete the audit for the current financial year (FY 2024-25) and step down thereafter. No reason for the change has been disclosed, and no replacement has been announced. Internal auditors play a supporting oversight role and are different from statutory auditors.
This is a routine, planned transition at the end of a financial year rather than a sudden or contentious exit. The company still has its statutory auditors in place, and shareholders are unlikely to see a material impact on operations or stock price.