Shah Alloys Appoints M/s. G M C A & Co. as Internal Auditor for FY27
Shah Alloys Limited appointed M/s. G M C A & Co., Chartered Accountants, as its Internal Auditor for the Financial Year 2026-27. The appointment was approved by the Board on May 30, 2026, based on the Audit Committee's recommendation.
The appointment of an internal auditor is a standard regulatory requirement and a routine operational matter for the company. It does not significantly impact the company's financial performance or strategic direction.
The appointment of an internal auditor is a routine corporate governance activity and does not inherently carry a positive or negative financial implication for the company.
Shah Alloys Limited has announced the appointment of M/s. G M C A & Co., Chartered Accountants, as the company's Internal Auditor for the Financial Year 2026-27. This decision was approved by the Board of Directors based on the recommendation of the Audit Committee.
The appointment is in compliance with Section 138 of the Companies Act, 2013, read with Rule 13 of the Companies (Account) Rules, 2014. M/s. G M C A & Co. is an Ahmedabad-based firm with extensive experience in internal audits, internal financial control reviews, statutory audits, and taxation.
The appointment was effective from May 30, 2026.
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