SALSTEELBSES.A.L. Steel LtdLowNeutral
Announced Fri, 29 May · 19:17 IST

Appointment of M/s NRPS & Associates LLP, Chartered Accountant as an Internal Auditor of the Company

SALSTEEL · price

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AI summary

S.A.L. Steel Ltd has appointed M/s NRPS & Associates LLP, a Chartered Accountants firm based in Ahmedabad, as its Internal Auditor for the financial year 2026-27. The appointment was made on May 29, 2026, based on the recommendation of the Audit Committee and approved by the Board of Directors. The firm brings experience in Internal Audit, Internal Financial Control Reviews, Statutory Audit, and Direct and Indirect Taxation. This appointment complies with Section 138 of the Companies Act, 2013 and Rule 13 of the Companies (Accounts) Rules, 2014.

Likely market impact

This is a routine corporate governance compliance action with no direct impact on the company's financial position or stock price. The appointment ensures the company meets its statutory obligation to have an internal auditor, which is a standard requirement for listed companies.