Announced Thu, 15 May · 20:36 IST

Re-appointment of Internal Auditor

Management Changes View source PDF

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AI summary

Salem Erode Investments Ltd has re-appointed M/s. Saji Mathew & Associates (FRN: 018048S) as its Internal Auditor for the financial year 2025-26. The decision was made by the Board of Directors on May 15, 2025, on the recommendation of the Audit Committee. CA Saji Mathew is a member of ICAI with over 25 years of experience in finance, accounting, taxation, and corporate management. This is a continuation of the same auditor, not a change in the internal audit function.

Likely market impact

This is a routine, continuity-driven disclosure with no material impact on shareholders or the stock. The re-appointment of the same auditor signals stability in internal audit oversight and compliance with SEBI listing requirements.