Pursuant to Regulation 30 read with Part A Para A of Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the SEBI ....
Awaiting price reaction for this filing.
Sankhya Infotech Ltd's Board of Directors, at a meeting held on 31st October 2025, approved the appointment of M/s. N G Rao & Associates, Chartered Accountants (Firm Registration No. 009399S) as the new Statutory Auditors of the company. The appointment is for a period of 5 years covering FY 2022-23 to FY 2026-27. The change was made under powers granted to the Resolution Applicant by the NCLT Hyderabad bench as part of an approved Resolution Plan, which allowed the auditor to be changed without needing additional approvals. M/s. N G Rao & Associates is a Hyderabad-based chartered accountancy firm established in 2001, with over 20 years of experience in audit, assurance, taxation, and risk advisory, and is empanelled with the C&AG and the RBI as a Category 1 firm.
This is a routine corporate disclosure signalling a change in auditors following the company's resolution plan under the insolvency framework. For shareholders, the key takeaway is that the company is completing governance formalities post its NCLT-driven restructuring, and the appointment of a peer-reviewed, RBI-empanelled audit firm may strengthen financial oversight credibility.