Constitution/Reconstitution of the Corporate Social Responsibility (CSR) Committee Appointment of Internal Auditor
Awaiting price reaction for this filing.
The Board of Kundan Minerals and Metals Ltd held a meeting on July 26, 2025, and approved two key items. First, it reconstituted the Corporate Social Responsibility (CSR) Committee, with Independent Director Rahul Sharma as Chairman, and Directors Siddharth Gogia and Deepak Gupta as members. Second, on the recommendation of the Audit Committee, the Board appointed M/s S. Lall & Co, Chartered Accountants (Firm Registration No. 000355N), as the Internal Auditor for FY 2025-26. S. Lall & Co. has a 36-year track record serving public sector clients through CAG of India and has been empanelled as statutory bank branch auditors since 1983. The appointment aligns with SEBI disclosure requirements for auditor changes.
This is a routine governance update with no material impact on shareholders. The reconstitution of the CSR Committee demonstrates compliance with corporate social responsibility norms, while the appointment of a long-standing chartered accountancy firm as internal auditor should strengthen internal financial controls and audit oversight for the coming financial year.