StockWatch
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Non Banking Financial Company (NBFC)
Auditor10 Sept 2026, 06:40 pm

SPV Global Trading Appoints Chhogmal & Co as Internal Auditor

AI Summary

SPV Global Trading Ltd announced a change in its internal auditor. The Board of Directors, based on the recommendation of the Audit Committee, approved the cessation of M/s. CAS & CO. Chartered Accountants as Internal Auditor effective September 10, 2026. Concurrently, M/s. Chhogmal & Co., Chartered Accountants, Mumbai, has been appointed as the new Internal Auditor from the same date. M/s. CAS & CO resigned due to a proposed transition within the Mahindra Group. M/s. Chhogmal & Co. brings extensive experience in finance, governance, and business strategy.

Key Highlights

  • SPV Global Trading changes its internal auditor.
  • M/s. CAS & CO. ceases to be the internal auditor.
  • M/s. Chhogmal & Co. appointed as new internal auditor.
  • Cessation and appointment effective September 10, 2026.
  • Resignation by CAS & CO due to group transition.