Sky Gold Appoints M S K A & Associates LLP as Statutory Auditors
Sky Gold and Diamonds Limited appointed M/s. M S K A & Associates LLP as its Statutory Auditors. The appointment fills a casual vacancy and is effective from May 9, 2026. This appointment also extends to its wholly-owned subsidiaries: Starmangalsutra Private Limited, Sparkling Chains Private Limited, and Speed Bangle Private Limited.
The appointment of a statutory auditor is a standard regulatory requirement and does not typically have a direct, significant impact on the company's operations or financial performance in the short term.
The appointment of a new statutory auditor is a routine corporate action and does not inherently carry a positive or negative financial implication for the company.
Sky Gold and Diamonds Limited announced the outcome of its Board Meeting held on May 9, 2026. The Board of Directors, on the recommendation of the Audit Committee, approved the appointment of M/s. M S K A & Associates LLP (formerly M S K A & Associates), Chartered Accountants, as the Statutory Auditors of the Company. This appointment is to fill a casual vacancy arising from the resignation of the erstwhile auditors, M/s. V J Shah & Co. The appointment is effective from May 9, 2026, and will continue until the conclusion of the ensuing Annual General Meeting, subject to member approval.
The Board of Directors of the Company's wholly-owned material subsidiaries, M/s Starmangalsutra Private Limited (SPL) and M/s Sparkling Chains Private Limited (SCPL), as well as M/s Speed Bangle Private Limited (SBPL), have also separately approved the appointment of M/s. M S K A & Associates LLP as their respective Statutory Auditors for similar reasons.
M/s. M S K A & Associates LLP, established in 1978, is a well-established firm with offices in 12 Indian cities and offers audit and assurance, tax, and advisory services. The Board meeting commenced at 01:15 PM IST and concluded at 04:30 PM IST.
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SKY GOLD AND DIAMONDS 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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