S.A.L. Steel Appoints M/s. NRPS & Associates as Internal Auditor for FY27
S.A.L. Steel Limited appointed M/s. NRPS & Associates LLP as Internal Auditor for FY2026-27. The appointment was made on May 29, 2026, following the recommendation of the Audit Committee.
The appointment of an internal auditor is a standard corporate governance procedure and typically has a low direct impact on the company's financial performance or stock price.
The appointment of an internal auditor is a routine compliance and operational matter for the company, and does not inherently carry a positive or negative financial implication based on the information provided.
S.A.L. Steel Limited has announced the appointment of M/s. NRPS & Associates LLP, Chartered Accountants (Firm Registration No.: W100657), as the Internal Auditor for the financial year 2026-27. This decision was made by the Board of Directors upon the recommendation of the Audit Committee, in compliance with Section 138 of the Companies Act, 2013, read with Rule 13 of the Companies (Accounts) Rules, 2014.
The company has received a letter of intention from M/s. NRPS & Associates, along with a certificate under Section 141 of the Companies Act, 2013, confirming their consent and eligibility for the appointment. M/s. NRPS & Associates is an Ahmedabad-based Chartered Accountants firm with extensive experience in Internal Audit, Internal Financial Control Reviews, Statutory Audit, and Direct & Indirect Taxation.
The appointment was formalized on May 29, 2026, and the term of appointment is for the entire financial year 2026-27. The company has submitted the necessary disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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