Announced Wed, 28 May · 16:58 IST

Disclosure Under Regulation 30 and other applicable provision of the SEBI(LODR) Regulation, 2015 Regarding appointment of Internal Auditor for FY 2025-26.

Management Changes View source PDF

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AI summary

The Board of Directors of Shree Steel Wire Ropes Ltd has approved the re-appointment of Praveen Chandak & Associates, Chartered Accountants (Firm Registration No. 01B3B6C) as the Internal Auditor of the company for Financial Year 2025-26. The appointment was made to comply with the Companies Act, 2013 and SEBI (LODR) Regulations, 2015. The firm handles internal audit, bank audit, tax audit, statutory audit, GST audit, and related services. The disclosure has been made under Regulation 30 of SEBI LODR Regulations and the relevant SEBI circular dated July 13, 2023.

Likely market impact

This is a routine compliance disclosure related to internal audit appointment and is unlikely to have any material impact on the stock price or shareholder value. It reflects standard governance practice with no change in leadership or auditor concerns.