Appointment of M/s M S K A & Associates LLP as the Statutory Auditor of the Company to hold office from the date of appointment i.e., 9th May, 2026 untill the conclusion of ensuing Annual ....
SKYGOLD · price
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Sky Gold and Diamonds Ltd has appointed M/s M S K A & Associates LLP as its new Statutory Auditor following the resignation (stepping down) of the previous auditor M/s V J Shah & Co. The appointment was made on May 9, 2026, effective immediately, and will continue until the conclusion of the ensuing Annual General Meeting for FY 2025-26, subject to shareholder approval. The appointment was made on the recommendation of the Audit Committee. Additionally, the same auditor has been appointed for all three wholly-owned subsidiaries: Speed Bangle Private Limited, Starmangalsutra Private Limited, and Sparkling Chains Private Limited. M/s M S K A & Associates LLP is an established firm founded in 1978, registered with ICAI and PCAOB, with offices across 12 Indian cities.
The mid-term resignation of the previous auditor M/s V J Shah & Co. creates a casual vacancy that has been promptly filled with a reputable audit firm. While this is a routine corporate governance action, the simultaneous auditor change across the parent and all subsidiaries indicates a coordinated transition. No immediate impact on the stock price is expected, though shareholders will vote on this appointment at the ensuing AGM.