Appointment of M/s. GVR and Associates, Practising Company Secretaries (FRN: P2016TL056400) as the Secretarial Auditors of the company for 5 Years (2025-26 to 2029-30), subject to the approval ....
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The board of Skyline Ventures India Ltd held a meeting on January 9, 2026, and appointed M/s. Sarath and Associates as Forensic Auditors to investigate the company's financial transactions, statutory compliance, possible fund diversion, and any misappropriation. The firm has a strong forensic audit track record, including involvement in the Satyam Computers fraud investigation. The board also authorized collecting documents and login credentials from the previous board/management and filing necessary forms with regulatory authorities. Additionally, M/s. GVR and Associates was appointed as Secretarial Auditor for a 5-year term (FY2025-26 to FY2029-30).
The forensic audit signals serious governance concerns at the company and suggests possible financial irregularities under the previous management. Investors should brace for potential negative disclosures and view this as a red flag requiring close monitoring of audit findings.