Announced Fri, 10 Jul · 18:58 IST
Company Secretary appointed as Internal Auditor for FY26-27
Management Changes View source PDF
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Ranjeet Mechatronics board approved appointing Ms. Kriya Dipakbhai Shah, currently the Company Secretary, as Internal Auditor for FY 2026-27, effective July 10, 2026. She is an ICSI Associate Member with experience in corporate law, governance, and audit. Holding both roles at once raises independence concerns for the internal audit function.
Likely market impact
Dual role of Company Secretary and Internal Auditor is a governance red flag, as the same person cannot independently audit processes she helps manage.