CDSL Re-appoints Mukund M. Chitale & Co. as Internal Auditor for FY27
CDSL re-appointed M/s. Mukund M. Chitale & Co. as Internal Auditor for the period April 1, 2026, to March 31, 2027. The decision was approved by the Governing Board on March 27, 2026.
The re-appointment of an internal auditor is a standard operational procedure for companies and is unlikely to have a material impact on CDSL's business or stock performance.
The announcement is a routine corporate action regarding the re-appointment of an internal auditor and does not contain any significant financial or strategic information that would sway the sentiment positively or negatively.
Central Depository Services (India) Limited (CDSL) has announced the re-appointment of M/s. Mukund M. Chitale & Co., Chartered Accountants, as the company's Internal Auditor. This decision was approved by the Governing Board at its meeting held on March 27, 2026, based on the recommendation of the Audit Committee.
The re-appointment is for the period commencing April 01, 2026, and concluding on March 31, 2027. M/s. Mukund M. Chitale & Co. brings extensive experience, with over 50 years in the field, supported by 12 partners and approximately 185 personnel. The firm's managing partner has previously served as the president of ICAI and on various committees constituted by RBI, SEBI, and IRDAI.
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Central Depository Services (India) 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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