ZODIACNSEZodiac Energy LimitedMediumNeutral
Announced Mon, 25 May · 18:15 IST

Zodiac Energy Limited has informed the Exchange regarding Appointment of Manubhai & Shah LLP as Internal Auditor of the company w.e.f. May 25, 2026.

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Price reaction · full curve 14 horizons · vs prior close
-5.3%1-day move
₹320.45
prior close
₹318.00
base price
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AI summary

Zodiac Energy Limited has appointed M/s. Manubhai & Shah LLP, a well-established Chartered Accountancy firm, as its Internal Auditor for Financial Year 2026-27. The appointment was approved by the Board of Directors on May 25, 2026, based on the recommendation of the Audit Committee. Manubhai & Shah LLP is a major accounting firm established in 1975 with extensive experience across various sectors including power, energy, infrastructure, and banking. This is a routine governance appointment as required under SEBI regulations for listed companies to maintain proper internal audit functions.

Likely market impact

This is a standard corporate governance action and has no direct impact on shareholders or stock price. The appointment of a reputable external firm for internal audit reinforces the company's commitment to financial transparency and internal controls.