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The Board of Directors of Sofcom Systems Ltd met on April 6, 2026 and approved the appointment of M/s Tamakuwala & Co., Chartered Accountants as Internal Auditors for a period of 5 financial years, commencing from FY 2025-26 through FY 2029-30. The firm, based in Surat, Gujarat, is registered with ICAI since June 1970 and has over 20 team members providing audit, tax, and advisory services. The appointment was recommended by the Audit Committee and the board meeting lasted 20 minutes.
This is a routine corporate governance appointment and is unlikely to have any material impact on the stock price or shareholders. It reflects compliance with SEBI listing requirements for internal audit functions.