Industrial Investment Trust Limited has informed the Exchange regarding Re-Appointment of M/s. Sheetal Patankar & Co., as Internal Auditors as Other of the company w.e.f. May 23, 2026.
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Industrial Investment Trust Limited has re-appointed M/s Sheetal Patankar & Co., Chartered Accountants as its Internal Auditor for Financial Year 2026-2027. The appointment was approved by the Board of Directors on May 23, 2026, following the recommendation of the Audit Committee. This re-appointment ensures compliance with Section 138 of the Companies Act, 2013. The firm provides audit, assurance, tax consultancy, and internal control review services and has been serving the company previously.
This is a routine corporate governance announcement with no direct impact on stock price or shareholder value. The continuity of an existing auditor indicates stable internal controls and compliance framework.