StockWatch
·
Investment Company
Auditor17 Apr 2026, 11:36 am

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

AI Summary

Valley Magnesite Company Ltd. announced the appointment of M/s ALPS & CO., Chartered Accountants, as its Internal Auditor for the Financial Year 2026-27. The appointment was approved during a Board of Directors meeting held on April 17, 2026. ALPS & CO. is a partnership firm managed by CA Ashok Kumar Khetawat, specializing in risk-based internal audit, due diligence, and assessment of internal financial controls. This move ensures compliance with regulatory requirements and strengthens the company's internal control framework.

Key Highlights

  • Board approved ALPS & CO. as Internal Auditor.
  • Appointment is for Financial Year 2026-27.
  • ALPS & CO. specializes in risk-based internal audits.
  • Strengthens company's internal control framework.