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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Saumya Consultants Ltd's Board of Directors met on May 13, 2026, and approved the appointment of KBDS & Co, Chartered Accountants, as the new Internal Auditor for FY 2026-27. The firm is a peer-reviewed partnership managed by CA Nirala Kumar Singh, providing risk-based internal audit and due diligence services. Simultaneously, the Board accepted the resignation of M/s. ALPS & Co as Internal Auditor, effective the same date. ALPS & Co cited that the company's audit fees were not sustainable given the time involved in conducting the audit, and they were unwilling to continue at the existing fee level due to budgetary constraints. ALPS & Co had been appointed just weeks earlier on April 17, 2026.
This is a routine internal auditor change driven by fee disagreement rather than governance concerns. The mid-term resignation by ALPS & Co due to fee disputes may raise minor concerns about cost management, but internal auditor changes are less significant than statutory auditor changes for investors.