Appointment of M/s. Ghelani & Co. as Internal Auditors of the Company
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nagpur Power & Industries Ltd has appointed M/s. M. V. Ghelani & Co., Chartered Accountants, as its new Internal Auditors for the financial year 2025-26. The appointment was approved by the Board of Directors at its meeting held on June 13, 2025, based on the recommendation of the Audit Committee. The newly appointed firm is a multidisciplinary practice offering audit, taxation, and legal advisory services to corporate and banking clients. The company confirmed there is no relationship between the firm's directors and the company's board.
This is a routine governance update and is unlikely to have any material impact on the stock price or shareholders. It reflects standard regulatory compliance by the company in strengthening its internal audit function for the upcoming financial year.