SKY GOLD AND DIAMONDS LIMITED has informed the Exchange regarding Change in Auditors of the company.
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Sky Gold and Diamonds Limited has appointed M/s. M S K A & Associates LLP as its new Statutory Auditors, effective 9th May 2026. The appointment fills a casual vacancy created by the resignation of the previous auditor, M/s. V J Shah & Co. The new auditor will hold office until the conclusion of the ensuing Annual General Meeting for FY 2025-26, subject to shareholder approval. The same firm has also been appointed as Statutory Auditors for all three wholly-owned subsidiaries: Speed Bangle Private Limited, Starmangalsutra Private Limited, and Sparkling Chains Private Limited. M S K A & Associates LLP is an established firm founded in 1978, registered with ICAI and PCAOB, with offices across 12 cities in India.
The mid-term resignation of the previous auditor may raise governance concerns among shareholders. The appointment of a larger, more established audit firm could bring improved audit quality, but investors should monitor for any further disclosures explaining the reason for the auditor change.