We submit herewith that on the recommendation of Audit Committee, M/s Siddhant Goyal and Company, Chartered Accountant, has been appointed as Internal Auditor of the Company for the financial ....
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Nilkanth Engineering Limited has appointed M/s Siddhant Goyal and Company, Chartered Accountants (FRN-032333C), as its new Internal Auditor. The appointment was made on May 28, 2025, on the recommendation of the Audit Committee and approved by the Board of Directors at their meeting held the same day. The firm will serve as Internal Auditor for the financial year 2025-26, pursuant to Section 138 of the Companies Act, 2013. The disclosure was signed by Shiksha Agrawal, Managing Director. No relationship with existing directors was disclosed, as it is not applicable in this case. This is a routine governance and compliance-related announcement.
This is a routine internal audit appointment and is unlikely to have any material impact on the stock price or shareholder value. It reflects standard compliance with Section 138 of the Companies Act.