Kiduja India507946Board key decisions

Internal Auditor and Secretarial Auditor appointed for FY 2026-27; Q2 and H1 results approved

Mrs. Swara Vayangankar appointed as Internal Auditor for the financial year 2026-27.

By ScoutQuest · Thu 5 Nov 2026, 8:09 PM IST · 2 min read

Total Assets: Rs. 8,570.25 lakh as at 30-09-2026 against Rs. 1,139.04 lakh as at 31-03-2026
Internal Auditor Appointed: Mrs. Swara Vayangankar for the financial year 2026-27
Secretarial Auditor Appointed: M/s. Purwar & Purwar Associates LLP for the financial year 2026-27

What the board approved

Appointment of Mrs. Swara Vayangankar as Internal Auditor of the company for the financial year 2026-27, effective 5th November 2026.
Appointment of M/s. Purwar & Purwar Associates LLP, Practicing Company Secretaries, as Secretarial Auditor of the company for the financial year 2026-27, effective 5th November 2026.
Unaudited financial results for the quarter and half year ended 30th September 2026, together with the Limited Review Report of the Statutory Auditors, were approved and taken on record.

The Internal Auditor

Mrs. Swara Vayangankar is described in the update as having expertise on accounts and audit. Her role is to conduct the internal audit of the company for financial year 2026-27. In simple terms, an internal auditor reviews whether a company's internal checks, records and processes are working properly, and reports to the board.

The Secretarial Auditor

M/s. Purwar & Purwar Associates LLP is a firm of Practicing Company Secretaries with, as stated, wide experience in corporate compliances. The firm advises on corporate compliances, securities law, incorporation, mergers and acquisitions and corporate restructuring. Its job here is to conduct the secretarial audit for financial year 2026-27, which checks compliance with company law and SEBI requirements. The update states that no disclosure of relationships between directors applies in these appointments, as these are auditor appointments and not director appointments.

Financial snapshot

From the statement of assets and liabilities as at 30th September 2026, with the earlier column shown for comparison (figures as printed, Rs in Lakhs):

Total assets: 8,570.25 as at 30-09-2026, against 1,139.04 as at 31-03-2026.
Investments: 8,569.71, against 1,134.78.
Cash and cash equivalents: 0.34, against 4.04.
Borrowings: 10,747.29, against 3,248.36.
Equity share capital: 240.00, unchanged from 240.00.
Other equity: (2,442.40), against (2,383.53) — shown in brackets, meaning a negative balance.
Trade payables (creditors other than micro and small enterprises): 18.99, against 10.99.
Total liabilities and equity: 8,570.25, against 1,139.04.

How to read this

Auditor appointments are annual housekeeping decisions: they tell you who will check the books from the inside (internal auditor) and who will check legal and regulatory compliance (secretarial auditor).
These appointments do not change how much the business earns; they are part of the governance structure that investors rely on for reliable reporting.
The results and the limited review report were approved at the same meeting, so the quarter's numbers and the auditor appointments arrive together.
The statement of assets and liabilities shows the company's holdings are largely in investments, with borrowings standing at 10,747.29 (Rs in Lakhs).

What to watch

The details of the unaudited results — income, expenses and profit for the quarter and half year ended 30th September 2026 — sit alongside the auditor appointments in the same board outcome.
Both auditors are appointed for financial year 2026-27, so their reports will come after the year-end compliance and audit cycle.

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