Announced Wed, 21 May · 21:48 IST

Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we hereby inform about the appointment of Internal Auditor of the Company

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AI summary

Shanti Educational Initiatives Limited has appointed M/s. Jhaveri Shah & Co., Chartered Accountants, as its new Internal Auditor, effective May 21, 2025, for financial year 2025-26. The firm is based in Ahmedabad and is led by CA. Parag Jhaveri, who brings experience in statutory audits, internal audits, income tax audits, and GST advisory. The appointment was made by the Board of Directors to comply with the Companies Act, 2013 and SEBI listing regulations. The disclosure confirms that CA. Parag Jhaveri has no relationship with any of the company's existing directors. The intimation was signed by Darshan Vayeda, Whole-time Director.

Likely market impact

This is a routine compliance-related appointment and is unlikely to have any material impact on the stock price or shareholders. It reflects standard governance practice with no indication of any governance concerns.