we are hereby submitting the intimation of Appointment of Internal Auditor.
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Sugs Lloyd Ltd has appointed M/s. Singh Pradeep & Associates, Chartered Accountants (FRN: 031528C), as the Internal Auditor of the company. The appointment was made by the Board of Directors on March 3, 2026, to conduct the internal audit for Financial Year 2025-26. The appointment is to comply with Section 138 of the Companies Act, 2013. The firm was incorporated in April 2021 and is led by a Chartered Accountant with over 21 years of experience, primarily in the Retail and E-Commerce sectors.
This is a routine compliance-driven appointment and is not expected to have a material impact on the stock price or shareholder value. It reflects the company's adherence to regulatory requirements for internal audit.