IRM Energy Limited has informed the Exchange regarding Change in Auditors of the company.
IRMENERGY · price
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IRM Energy's Board of Directors, at its meeting on May 15, 2025, approved the appointment of PricewaterhouseCoopers Services LLP (PwC) as the company's Internal Auditor. The appointment was made on the recommendation of the Audit Committee and is for a period of 3 consecutive years, covering financial years 2025-26 through 2027-28. PwC, a leading Big-4 professional services firm with presence across major Indian cities including Ahmedabad, will handle internal audit, risk management, and corporate governance reviews. This is an appointment of an internal auditor, not the statutory auditor.
This is a routine governance update and is not expected to materially impact the stock price. Appointing a Big-4 firm like PwC as internal auditor is generally viewed positively as it suggests stronger internal controls and risk oversight.