Pursuant to Regulation 30 of SEBI (LODR) Regulations 2015, Board of Directors in their Meeting held on 29.05.2026 has approved the appointment of M/s Raju & Prasad, Chartered Accountants ....
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Team India Guaranty Limited's Board of Directors approved the appointment of M/s Raju & Prasad, Chartered Accountants (FRN: 003475S) as Internal Auditors for FY 2026-27 in a meeting held on 29th May 2026. The firm, established in 1979 in Hyderabad, has branches in Mumbai, Bangalore, Chennai, Thane, and Tirupati. It is empaneled with SEBI and CAG as a Category I entity. The Mumbai branch is led by Mr. Avinash T. Jain since 1995 and offers expertise in taxation, statutory audit, internal audit, forensic audit, and GST audit. This is a routine governance appointment to fulfill statutory internal audit requirements.
This appointment is a standard corporate governance practice and has no direct impact on shareholder value or stock price. It indicates the company is maintaining proper audit oversight as required by regulations.