R K Swamy Limited has informed the Exchange regarding Change in Auditors of the company.
RKSWAMY · price
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R K Swamy Limited informed the exchanges about auditor-related changes approved at its Board meeting on May 21, 2025. The Board, on the Audit Committee's recommendation, re-appointed M/s. ASA & Associates LLP as the Internal Auditor for FY 2025-2026. Additionally, M/s. S Dhanapal & Associates LLP was appointed as the Secretarial Auditor for a five-year term covering FY 2025-2026 through FY 2029-2030, subject to shareholder approval at the upcoming AGM. ASA & Associates is a large chartered accountancy firm with over 1,000 professionals and 32+ years of experience, while S Dhanapal & Associates is a firm of practicing company secretaries with about 10 years of experience. Both appointments are intended to strengthen the company's compliance and audit framework.
This is a routine governance update with no negative implications. The re-appointment of the existing internal auditor signals continuity, while the new secretarial auditor is a standard regulatory requirement. No material impact on share price is expected.