StockWatch
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Non Banking Financial Company (NBFC)
Auditor13 May 2026, 06:01 pm

Saumya Consultants Appoints KBDS & Co as Internal Auditor

AI Summary

Saumya Consultants Ltd's board meeting on May 13, 2026, approved the appointment of KBDS & Co as the Internal Auditor, replacing ALPS & Co, who resigned due to other commitments. The appointment is effective for the financial year 2026-27. ALPS & Co resigned due to budgetary constraints and the inability to increase audit fees.

Key Highlights

  • KBDS & Co appointed as Internal Auditor for FY 2026-27.
  • ALPS & Co resigned as Internal Auditor effective May 13, 2026.
  • ALPS & Co resignation due to budgetary constraints and unsustainable audit fees.