NIMBSPROJBSENimbus Projects LtdLowNeutral
Announced Wed, 27 May · 22:33 IST

Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015-Appointment of Internal Auditors

Management Changes View source PDF

NIMBSPROJ · price

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Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹216.45
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AI summary

Nimbus Projects Ltd has appointed M/s S N R S & Associates, Chartered Accountants, as its Internal Auditors for Financial Year 2026-27. The appointment was made on May 27, 2026, based on the recommendation of the Audit Committee and approved by the Board of Directors at their meeting. S N R S & Associates is a peer-reviewed firm established in 1999 with extensive experience in statutory audits, internal audits, tax advisory, and forensic audits across various sectors including corporates, banks, and PSUs. The firm is empaneled with regulatory bodies like C&AG, RBI, and Indian Banks' Association.

Likely market impact

This is a routine appointment and does not indicate any governance concerns. The appointment of a qualified and experienced external audit firm through proper board and audit committee channels is a positive governance practice.