The Board of Directors in its meeting held today i.e., 29.05.2025, has appointed M/s. Kalyanasundaram and Associates, Chartered Accountants, Chennai as the Internal Auditors for the FY 2025-26.
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The Board of Directors of S V Global Mill Ltd, at its meeting held on May 29, 2025, approved the re-appointment of M/s. Kalyanasundaram and Associates, Chartered Accountants (Chennai) as the Internal Auditors of the Company for FY 2025-26. The re-appointment was based on the recommendation of the Audit Committee. The firm, established in 1988, is a well-established audit, assurance, taxation and consulting firm with offices in Chennai, Delhi, Bengaluru, Kolkata, and Coimbatore, and has 9 partners with over 50 staff. The internal auditors are not related to any of the directors of the Company. The disclosure is filed under Regulation 30 of SEBI LODR, 2015.
This is a routine, non-material corporate governance disclosure. Re-appointment of the existing internal auditor signals continuity in audit oversight and is unlikely to have any meaningful impact on the stock price or shareholder value.