Shah Metacorp appoints DDH & Associates as Internal Auditor for FY2025-26 due to firm merger
The announcement concerns a routine internal auditor appointment and reconstitution due to a firm merger, which is a standard compliance requirement and does not signify a material operational or financial change for the company.
The appointment is a procedural change resulting from the merger of the previously appointed internal audit firm, ensuring continuity rather than indicating a performance-based change.
* Shah Metacorp Limited (SHAH) announced the appointment of M/s DDH & Associates, Chartered Accountants (Firm Registration No. 146717W), as its Internal Auditor for the Financial Year 2025-26. * This appointment was approved by the Board of Directors on July 21, 2025, based on the recommendation of the Audit Committee. * The change in auditor is due to the merger of M/s. J N A D & Co., Chartered Accountants (FRN. 138480W), which had been previously appointed for FY2025-26 on June 9, 2025, into M/s DDH & Associates. The Board clarified that the auditor was not changed, but rather the firm due to the merger and reconstitution of their firms. * M/s DDH & Associates, located at A1220, Sunwest Bank, Ashram Road, Ahmedabad – 380 009, specializes in Audits, Taxation, Company Law Matters, and Fund raising. * The firm has two partners, CA Deep Shah and CA Dhruv Zaveri, with expertise in direct taxation, compliance audit, depository participatory audit, system audit, indirect taxation, and auditing across various industries.
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Shah Metacorp Limited filed this with the NSE as a statutory disclosure, categorised under corporate actions. 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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See the model portfoliosA plain-language summary of a public exchange filing by Shah Metacorp Limited. Read the original for the full detail.