Auditor5 May 2026, 06:21 pm
GNG Electronics Appoints Internal Auditor for FY 2026-27
AI Summary
GNG Electronics Ltd has appointed Ms. Ashita Pandya, Heads of Accounts — India, a Chartered Accountant, as the Internal Auditor for the Financial Year 2026-27, based on the recommendation of the Audit Committee. The board also approved the audited financial results for the quarter and year ended March 31, 2026, and the issuance of a corporate guarantee of up to AED 20 million in favor of Abu Dhabi Commercial Bank PJSC for banking facilities availed by Electronics Bazaar (FZC), a material subsidiary.
Key Highlights
- Ms. Ashita Pandya appointed as Internal Auditor for FY 2026-27.
- Audited financial results for quarter and year ended March 31, 2026 approved.
- Corporate guarantee of up to AED 20 million approved for subsidiary's financing.
- Statutory Auditors issued Audit Report with unmodified opinion on financial results.
Price Impact
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