Intimation of appointment of statutory auditor
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S. M. Gold Ltd has appointed M/s Shah Karia & Associates, Chartered Accountants (FRN: 131546W) as its new Statutory Auditor. The appointment was approved by shareholders at the 8th Annual General Meeting held on September 29, 2025. The auditor will serve for one term of five consecutive financial years, from FY 2025-26 to FY 2029-30. Shah Karia & Associates is an Ahmedabad-based chartered accountancy firm established in 2010, offering audit, tax, risk advisory, and transaction advisory services. The appointment was recommended by the Board and is in line with the Companies Act, 2013.
This is a routine auditor appointment for a full five-year term starting the next financial year, with no sign of any previous auditor's resignation or governance concerns. Shareholders are unlikely to see any meaningful impact on the stock from this disclosure.