U. Y. Fincorp Appoints New Internal and Statutory Auditors
U. Y. Fincorp Limited appointed M/s Seth and Associates as Internal Auditor and M/s Praveen K Srivastava & Co. as Statutory Auditors. Both appointments are effective July 24, 2026, to fill casual vacancies due to resignations. The board meeting concluded on July 24, 2026.
The appointment of auditors is a standard procedural requirement and does not directly impact the company's operations or financial performance in a significant way.
The announcement is a routine corporate action regarding the appointment of auditors due to resignations, with no immediate positive or negative financial implications mentioned.
U. Y. Fincorp Limited (formerly Golden Goenka Finconp Limited) announced the outcome of its Board Meeting held on July 24, 2026. The board approved the appointment of M/s Seth and Associates, Chartered Accountants (Firm Registration No. 001167C), as the Internal Auditor of the company effective from July 24, 2026. This appointment is to fill the casual vacancy caused by the resignation of M/s R K Lodha & Associates.
Furthermore, the board, based on the recommendation of the Audit Committee, approved the appointment of M/s Praveen K Srivastava & Co., Chartered Accountants (Firm Registration No. 013251C), as the Statutory Auditors of the Company. This appointment is effective from July 24, 2026, and will continue until the conclusion of the ensuing Annual General Meeting. This appointment is to fill the casual vacancy arising from the resignation of M/s. B. Nath & Co., Chartered Accountants.
Both appointments were made in compliance with SEBI regulations and relevant circulars. The Board Meeting commenced at 4:00 PM and concluded at 4:30 PM on July 24, 2026. Detailed information pertaining to the appointment of auditors is enclosed as Annexure-A.
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U. Y. Fincorp 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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