The Board approved the appointment of Aheer & Associates as Internal Auditor for FY2026-27

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AI summary

The Board of Directors of Uday Jewellery Industries Ltd met on May 28, 2026 and approved the appointment of M/s. Aheer & Associates, Chartered Accountants, Hyderabad as the company's Internal Auditors for the financial year 2026-27. The firm has FRN: 018280S. The appointment was disclosed under SEBI Listing Regulations, specifically Regulation 30 which covers material changes in management. Sanjay Kumar Sanghi, Managing Director (Corporate Affairs), signed the intimation to BSE. This appears to be a routine annual appointment of internal auditors rather than a replacement due to any resignation or regulatory issue.

Likely market impact

This is a standard governance appointment and unlikely to have any material impact on the stock price. It reflects normal business operations for FY 2026-27.