Change in Internal Auditor of the Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sky Industries' internal auditor, M/s S.A. Porwal & Associates, resigned effective March 30, 2026, citing personal reasons. The resignation letter explicitly states there are no other material reasons behind the exit, and the outgoing auditor has offered to assist with a smooth transition. The Board has already appointed M/s K S C A & Associates LLP as the new internal auditor effective March 31, 2026, led by partner CA Khyati Thapa with over 15 years of experience in audit, assurance, and compliance. This is essentially a back-to-back change with no gap in coverage. The filing was signed by Maikal Raorani, Whole Time Director & CFO.
This is a routine internal auditor change with no stated governance concerns. Shareholders should note the seamless transition and the qualified replacement, but the development is unlikely to have a material impact on the stock price.