Update Pursuant to Appointment of Internal Auditor under Regulation 30 of SEBI (LODR) Regulations, 2015
Awaiting price reaction for this filing.
Kundan Minerals and Metals has informed the stock exchanges that its Board, at a meeting held on 26 July 2025, approved the appointment of an internal auditor firm for the financial year 2025-2026. The firm, earlier referred to as M/s S Lall & Co, will now be recognised under its new name, M/s S Lall Vikas & Co. The disclosure is made under Regulation 30 of the SEBI (LODR) Regulations, 2015. This is essentially a routine governance update reflecting a name change of the existing internal auditor, not a fresh appointment of a new audit firm.
This is a routine administrative disclosure with no material impact on the company's financials or shareholders. The internal auditor firm remains the same entity operating under a new name, so investors should not read any governance concerns into this filing.