BSESMC Credits LtdMediumNeutral
Announced Fri, 30 May · 21:15 IST

Intimation for appointment of Internal Auditor

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

SMC Credits Ltd has re-appointed Mr. Rajesh Goenka as the Internal Auditor of the company for the financial year 2025-26. The decision was taken by the Board of Directors at its meeting on May 30, 2025, based on the recommendation of the Audit Committee. Mr. Goenka is a commerce graduate with about 11 years of experience in the NBFC (non-banking financial company) business. The disclosure is being made to the BSE (Scrip Code: 532138) as required under SEBI listing regulations. Notably, Mr. Rajesh Goenka also serves as the Whole-time Director & CFO of the company, and he has signed this filing in that capacity.

Likely market impact

This is a routine compliance disclosure with no material impact on shareholders. The re-appointment ensures continuity of internal audit for FY 2025-26, though investors may note that the Internal Auditor role overlaps with the company's CFO, which is a governance consideration to watch.