TGBHOTELSBSETGB Banquets and Hotels LtdLowNeutral
Announced Mon, 18 May · 18:40 IST

Appointment of Internal Auditor of the Company for F.Y. 2026-27.

Management Changes View source PDF

TGBHOTELS · price

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AI summary

The Board of Directors of TGB Banquets and Hotels Ltd met on May 18, 2026, and approved the standalone audited financial results for the quarter and year ended March 31, 2026. The auditor's report provided an unmodified (clean) opinion on the financial statements. Additionally, the Board appointed M/s. Rubbal Anil Bhandari and Associates, a Chartered Accountants firm based in Ahmedabad, as the Internal Auditor for the financial year 2026-27. This is a routine annual appointment to conduct internal audits. The prior internal auditor's details are not disclosed in this filing.

Likely market impact

This is a routine corporate governance matter. The clean audit opinion is positive for shareholders, indicating no accounting concerns. The appointment of a new internal auditor does not signal any governance issues and appears to be standard annual rotation or reappointment.