SHAHALLOYSNSEShah Alloys Limited· Steel And Steel ProductsMinimalNeutral
Announced Sat, 30 May · 17:41 IST

Shah Alloys Limited has informed the Exchange about General Updates

SHAHALLOYS · price

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Price reaction · full curve 14 horizons · vs prior close
-2.8%1-day move
₹70.50
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.8-1.5-0.7-1.6+0.0-2.1+2.1-0.7
Up moveDown movePending
AI summary

Shah Alloys Limited has announced the appointment of M/s. G M C A & Co., Chartered Accountants as Internal Auditor for the Financial Year 2026-27. The appointment was approved by the Board of Directors based on the recommendation of the Audit Committee. The firm, based in Ahmedabad, brings extensive experience in Internal Audit, Internal Financial Control Reviews, Statutory Audit, and Direct & Indirect Taxation. This appointment complies with Section 138 of the Companies Act, 2013 and Rule 13 of the Companies (Account) Rules, 2014. The appointment is effective May 30, 2026.

Likely market impact

This is a routine compliance announcement with no direct impact on stock price or shareholder value. The appointment demonstrates the company's adherence to statutory governance requirements.