Dear Sir, please find attched intimation of appointment for appointment of Internal Auditor for FY 2025-26. Kindly take note of the same.
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Awaiting price reaction for this filing.
UTL Industries Ltd has informed the stock exchanges about the re-appointment of M/s Divyang Parikh & Co., Chartered Accountants (based in Vadodara, FRN: 118087W), as the Internal Auditor of the company. The decision was taken by the Audit Committee and Board of Directors at their meeting held on 24th May 2025. The appointment covers the Financial Year 2025-26 and is intended to comply with the Companies Act, 2013 and SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The disclosure was signed by Mr. Paras Jain, Managing Director. No relationship between the auditor and the company's directors has been disclosed.
This is a routine, regulatory compliance-related re-appointment of the internal auditor and is unlikely to have any material impact on the stock price or shareholder value. It signals continuity in the company's governance and audit framework for the upcoming financial year.