Team India Guaranty Limited has informed the Exchange regarding Appointment of M/S RAJU & PRASAD CHARTERED ACCOUNTANTS as Other of the company w.e.f. May 29, 2026.
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Team India Guaranty Limited has appointed M/s Raju & Prasad, Chartered Accountants (FRN: 003475S) as its Internal Auditors for Financial Year 2026-27. The appointment was approved by the Board of Directors in a meeting held on May 29, 2026. The audit firm, established in 1979 in Hyderabad, is empaneled with SEBI and the Comptroller and Auditor General of India (CAG) as a Category I entity. The firm has branches across major cities including Mumbai, Bangalore, Chennai, and others. This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This is a routine corporate governance disclosure related to the appointment of internal auditors, which is a regulatory requirement. The appointment of a SEBI-empaneled audit firm with established credentials is a standard governance practice and has no immediate impact on the stock price.