Appointment of Internal Auditor of the Company
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
KIFS Financial Services held a board meeting on May 20, 2026, where the board approved the audited financial results for Q4 and FY ended March 31, 2026. The statutory auditors issued an unmodified opinion, confirming clean audit. The board recommended a final dividend of ₹1.55 per equity share (15.50% on ₹10 face value), subject to shareholder approval at the AGM. Additionally, M/s Parikh Shah & Associates, a practicing chartered accountant firm with 20+ years of experience, was appointed as the internal auditor for FY 2026-27.
Clean audit opinion with unmodified report is positive for shareholders. Dividend recommendation signals profitability. Appointment of new internal auditor indicates routine governance update for the new financial year.