Announced Fri, 29 May · 21:15 IST

Intimation of appointment of Internal Auditor

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Karnavati Finance Ltd has informed BSE that its Board of Directors appointed M/s. Tejwani & Co., Chartered Accountants (FRN 128519W) as Internal Auditors for Financial Year 2026-27. The appointment was made at the Board meeting held on May 29, 2026. The audit firm is based in Jamnagar, Gujarat, and specializes in direct taxation, company law compliance, bank audit, statutory audits, tax audits, project finance, and indirect taxation. The firm was established in 2007. The company confirmed that the appointed auditors have no shareholding and no relationships with directors or Key Managerial Personnel.

Likely market impact

This is a routine corporate governance disclosure reflecting the annual appointment of an external internal auditor. It carries no immediate implications for shareholders or stock price, as it represents standard compliance rather than a response to any control failure or personnel change.