Algoquant Fintech Appoints VBRG & Associates as Internal Auditor for FY27
Algoquant Fintech Limited appointed M/s. VBRG & Associates as Internal Auditor for FY26-27. The Board approved the appointment on May 27, 2026. The auditor, VBRG & Associates, will commence services from April 1, 2026, and is not related to any company director.
The appointment of an internal auditor is a standard regulatory requirement and an operational necessity for the company. It does not represent a significant strategic shift or have an immediate material financial impact.
The appointment of an internal auditor is a routine corporate compliance and operational step, with no immediate positive or negative financial implications mentioned in the announcement.
Algoquant Fintech Limited has announced the appointment of M/s. VBRG & Associates, Chartered Accountants, as the Internal Auditor for the Financial Year 2026-27. This decision was approved by the Board of Directors on May 27, 2026, following a recommendation from the Audit Committee.
The appointment is in compliance with Section 138 of the Companies Act, 2013, and relevant rules. M/s. VBRG & Associates, with FRN: 022879C, will commence their services from April 1, 2026, for the entire financial year. The firm is based in Ghaziabad, Uttar Pradesh, and Mr. Vipul Bansal, a Chartered Accountant and partner at the firm, will oversee the internal audits. The announcement also clarifies that the auditor is not related to any Director of the Company.
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Algoquant Fintech Limited filed this with the NSE as a statutory disclosure, categorised under auditor changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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