Intimation for Appointment of internal Auditor of the Company
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The Board of Directors of Rita Finance and Leasing Ltd appointed M/s. Shweta Jain & Co LLP, a Chartered Accountants firm, as Internal Auditor for the financial year 2026-27. The appointment was made in a Board Meeting held on 27th May, 2026. The company stated the reason for this appointment is to comply with the Companies Act, 2013 and SEBI Listing Regulations. The firm is described as having experience in statutory audit, internal audit, taxation, assurance, financial reporting, and regulatory compliance across various sectors.
This is a routine compliance appointment. The appointment of an external firm as internal auditor may slightly improve governance transparency, but there is no material impact expected on the stock price from this disclosure alone.