Board approves M/s. Patcha & Associates as Internal Auditors for FY 2026-27

RNIT AI Solutions Ltd has informed the exchanges that its Board of Directors, at its meeting on 03rd October 2026, considered and approved the appointment of M/s. Patcha & Associates, Chartered Accountants, Hyderabad.

Sat 3 Oct 2026

Appointment

M/s. Patcha & Associates, Chartered Accountants, Hyderabad, as Internal Auditors for the Financial Year 2026-27

Board Meeting Date

03rd October 2026

Term

Financial Year 2026-27

Recommendation

based on the recommendation of the Audit Committee

Auditor Experience

over 15 years of professional experience

What was approved

• The Board of Directors of RNIT AI Solutions Limited, at its meeting held on 03rd October 2026, considered and approved the appointment of M/s. Patcha & Associates, Chartered Accountants, Hyderabad, as the Internal Auditors of the Company for the Financial Year 2026-27.
• The appointment is based on the recommendation of the Audit Committee.
• The date of appointment is 03rd October 2026, and the term stated is for the Financial Year 2026-27.

About the incoming internal auditor

• M/s. Patcha & Associates, Chartered Accountants, is led by Mr. Sriramulu Patcha.
• He is a Fellow Member of the Institute of Chartered Accountants of India (ICAI) and a qualified Cost Accountant, with over 15 years of professional experience.
• His areas of expertise, as stated, include Internal Audit, Statutory Audit, Tax Audit, Project Financing, Business Valuation, Mergers & Acquisitions, Capital Reduction Schemes and Financial Statement Analysis.

Why an internal auditor matters

Internal auditors examine a company's internal controls, operating processes and records during the year. This is a separate function from the statutory auditor, who audits the annual financial statements. An internal audit function is part of how a listed company monitors its own systems and checks.

How to read this update

• This is a Board outcome disclosure recording an appointment, not a change in the company's business or finances.
• The appointment runs for the Financial Year 2026-27 and follows the Audit Committee's recommendation.
• The update identifies the incoming firm and its lead partner's qualifications and experience.

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