Appointment of Mrs. Rajeswari A P as an Internal Auditor for Financial Year 2025-2026
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The Board of Directors of Safa Systems & Technologies Ltd, at its meeting on 12th February 2026 and on the recommendation of the Audit Committee, approved the appointment of Mrs. Rajeswari A P as the Internal Auditor of the Company for Financial Year 2025-26. Mrs. Rajeswari A P is a Commerce Graduate with over 10 years of experience in accounts and management. Notably, she is currently serving as the Chief Financial Officer (CFO) of the Company. The Board meeting lasted from 3:30 PM to 4:00 PM.
This is a routine internal audit appointment, but shareholders should note that the newly appointed Internal Auditor is the Company's existing CFO, which raises a potential conflict-of-interest and governance concern as the same person would be reviewing her own financial area. Investors may want to watch for any auditor independence disclosures in future filings.