Praxis Home Retail Reappoints Protune KSA Consultants as Internal Auditors for FY27
Praxis Home Retail Limited has re-appointed M/s Protune KSA Consultants Private Limited as its Internal Auditors for the Financial Year 2026-27. The re-appointment was approved by the Board of Directors on May 29, 2026. Protune KSA Consultants is a recognized performance consulting firm.
The re-appointment of an internal auditor is a standard corporate governance procedure and is unlikely to have a significant impact on the company's stock price or business operations.
The announcement is a routine corporate action regarding the re-appointment of an internal auditor, with no immediate financial impact or significant positive or negative news.
Praxis Home Retail Limited announced the re-appointment of M/s Protune KSA Consultants Private Limited as the Internal Auditors for the Financial Year 2026-27. The decision was approved by the Board of Directors at their meeting held on May 29, 2026, based on the recommendation of the Audit Committee.
Protune KSA Consultants Private Limited, part of the KSA Aiyar Group, is a performance consulting firm based in Mumbai. The firm is recognized among India's Top 25 Management and Strategy Consultants and Top 10 Risk Consulting Firms. They offer solutions in performance consulting, forensic risk, business analytics, cost optimization, investigative audits, SOX & internal controls, and ERP optimization. The firm has a track record of delivering significant results, including transforming supply chains for major QSR brands and improving the bottom line for wind energy companies. They serve a diverse clientele across various sectors under the leadership of CA T. Sankar, CA Sourabh Jain, and Satej Salvi.
The company has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information is also available on the company's website, www.praxisretail.in.
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Praxis Home Retail 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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