Re-appointment of Internal auditor for the Financial Year 2025-26
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Medi-Caps Limited has re-appointed Praveen Shrivastava & Company, Chartered Accountants, as its Internal Auditor for the financial year 2025-26. The re-appointment was approved at a Board meeting held on 21st May 2025, which ran from 3:00 PM to 3:45 PM. The audit firm is 14 years old and specialises in internal audit services for Indian corporates, particularly manufacturing industries. The lead partner is Amit Parmar (CA, Membership No. 411558), based in Indore. This is a routine annual re-appointment under the Companies Act, 2013 and SEBI LODR Regulations.
This is a routine governance compliance disclosure with no material impact on shareholders or the stock price. It simply confirms continuity of the existing internal audit arrangement for the upcoming financial year.