Announced Thu, 12 Feb · 18:02 IST

Appointment of Mrs. Rajeswari A P as an Internal Auditor or F.Y. 2025-2026

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

The Board of Directors of Safa Systems & Technologies approved the appointment of Mrs. Rajeswari A P as the Internal Auditor of the company for Financial Year 2025-26, based on the recommendation of the Audit Committee. The decision was taken at a board meeting held on 12th February 2026, which ran from 3:30 PM to 4:00 PM. Mrs. Rajeswari A P is a Commerce Graduate with over ten years of experience in accounts and management. She currently also serves as the Chief Financial Officer (CFO) of the company. The filing was signed by Managing Director Faizal Bavaraparambil Abdul Khader.

Likely market impact

This is a routine compliance disclosure regarding the internal audit function. However, retail investors should note that Mrs. Rajeswari A P holds both the CFO and Internal Auditor roles simultaneously, which may raise governance concerns around the independence of internal audit, since the same person would be reviewing controls she is also responsible for. Investors may want to track any subsequent clarifications or separation of these roles.