
Auditor5 Aug 2026, 08:50 pm
Newever Trade Wings Appoints Internal Auditor and Statutory Auditor
AI Summary
Newever Trade Wings Ltd announced the appointment of Mr. Nitin Oza as Internal Auditor for FY 2026-2027. The company also accepted the resignation of M/s. PAMS & Associates as Statutory Auditor due to geographical constraints and proposed the appointment of M/s. Lipika and Associates as the new Statutory Auditor for a term of five years from FY 2026-2027 to 2030-2031, subject to member approval. Additionally, the board approved the appointment of Mr. Manoj Batham as Managing Director and CFO, and Mr. Navneet Khare, Mr. Saroj Kumar Choudhury, and Ms. Iranee Tripathy as Independent Directors.
Key Highlights
- Internal Auditor appointed for FY 2026-2027.
- New Statutory Auditor proposed for a 5-year term.
- Resignation of previous Statutory Auditor accepted.
- Key management and director appointments approved.
Price Impact
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