RE-APPOINTMENT OF INTERNAL AUDITOR
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Universal Starch Chem Allied Ltd has disclosed the appointment of M/s. Phatak Joshi & Co. as the company's Internal Auditor for the financial year 2026-27, effective 27th May 2026. The appointment was approved at the Board Meeting held on 27th May 2026. The company stated compliance with the provisions of the Companies Act, 2013 as the reason for this appointment. Phatak Joshi & Co. is described as a firm with rich experience in the internal audit field. The disclosure was signed by Nikhil Borana, Company Secretary and Compliance Officer.
This is a routine governance update with no direct impact on shareholders or stock price. The appointment of an experienced internal audit firm is a standard compliance requirement and reflects normal operational functioning of the company.