SKY GOLD AND DIAMONDS LIMITED has informed the Exchange regarding a press release dated May 09, 2026, titled "Press Release - Sky Gold and Diamonds Appoints M S K A & Associates LLP, Chartered Accountants as Statutory Auditors".
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Sky Gold and Diamonds Limited has appointed M S K A & Associates LLP, Chartered Accountants (a member firm of BDO International) as the new Statutory Auditors for the Company and its material subsidiaries. The appointment has been approved by the Board of Directors based on the recommendation of the Audit Committee, and is subject to shareholders' approval. The company states this reflects its commitment to strengthening corporate governance, adopting global best practices in financial reporting, and enhancing transparency as it scales operations in the jewellery sector.
This is a routine governance change that signals the company's focus on strengthening audit quality and compliance frameworks. The appointment of a BDO-affiliated firm may enhance stakeholder confidence, though it is not a material financial event for investors.