StockWatch
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Investment Company
Auditor17 Apr 2026, 11:33 am

Valley Magnesite appoints ALPS & CO. as Internal Auditor for FY27

AI Summary

Valley Magnesite Company Ltd's Board of Directors, in a meeting held on April 17, 2026, approved the appointment of M/s ALPS & CO., Chartered Accountants, as the Internal Auditor for the Financial Year 2026-27. ALPS & CO., a peer-reviewed partnership firm managed by CA. Ashok Kumar Khetawat, specializes in risk-based internal audits, due diligence, and assessment of internal financial controls. This appointment aims to strengthen the company's internal audit processes.

Key Highlights

  • Board approved ALPS & CO. as Internal Auditor for FY27.
  • Appointment effective from April 17, 2026.
  • ALPS & CO. specializes in risk-based internal audits.
  • Enhances internal control and financial oversight.