We wish to inform your esteemed organization, that the Board of Directors of Ravileela Granites Limited (the Company) at their Meeting held on 28th May 2025, has approved the appointment ....
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The Board of Directors of Ravileela Granites Limited, at its meeting held on 28th May 2025, approved the re-appointment of M/s. S. Suresh Babu & Co., Chartered Accountants as the Internal Auditor of the Company for the Financial Year 2025-26. The appointment was made on the recommendation of the Audit Committee and is for a one-year term. M/s. S. Suresh Babu & Co. is a Hyderabad-based Chartered Accountancy firm founded in 1992 with 33 years of experience serving over 200 clients across manufacturing, banking, IT/ITES, and real estate sectors. The disclosure was filed by Parvatha Samantha Reddy, Whole-time Director and CFO of the Company.
This is a routine, procedural governance disclosure with no material impact on shareholders or the stock price. Continuity of the internal auditor ensures consistency in the company's internal audit and compliance processes for the upcoming financial year.