Board Meeting4 Aug 2026, 04:06 pm
Audroc Ltd Appoints New Internal Auditor, Monitoring Agency
AI Summary
Audroc Limited (formerly Alka India Limited) announced key changes following a Board of Directors meeting on August 04, 2026. The board accepted the resignation of M/s. PSG & Associates as internal auditor and appointed M/s. Mikil Vora & Associates as the new internal auditor for a five-year term (FY2026-27 to FY2030-31). Additionally, Brickwork Ratings India Private Limited was appointed as the Monitoring Agency for the company's preferential issue of up to 20 crore convertible equity warrants. The meeting also noted the resignation of the previous internal auditor due to pre-occupation.
Key Highlights
- New internal auditor, Mikil Vora & Associates, appointed for five years.
- Brickwork Ratings India appointed as Monitoring Agency for warrant issue.
- Resignation of previous internal auditor, PSG & Associates, noted.
- Company is proceeding with a preferential issue of convertible warrants.
Price Impact
More from ALKA