BSERanjeet Mechatronics LtdMediumNeutral
Announced Fri, 10 Jul · 18:58 IST

Company Secretary appointed as Internal Auditor for FY26-27

Management Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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.