Ramky Infrastructure Limited has informed the Exchange regarding Board meeting held on May 07, 2025.
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Ramky Infrastructure Limited's Board of Directors, at a meeting held on May 7, 2025 (12:30 PM to 4:15 PM), approved the appointment of Ernst & Young LLP (EY) as the Internal Auditors of the company for the financial year 2025-26. The tenure runs from April 1, 2025 to March 31, 2026. The appointment was made based on the recommendation of the Audit Committee. EY, one of the Big 4 audit firms, brings dedicated teams of engineers, project management consultants, and quality surveyors with experience in infrastructure sector audits.
This is a routine corporate governance update. Appointing a Big 4 firm like EY as internal auditor signals a commitment to stronger internal controls and audit quality, which is mildly positive for governance perception but unlikely to materially move the stock price.