Sai Urja Indo Ventures544958Board key decisions
Internal auditor appointed for FY 2026-2027 and onwards
Board approved the appointment of M/s. Agrawal Damani and Associates, Chartered Accountants (FRN: 134231W), as Internal Auditor for the financial year 2026-2027 and onwards.
By ScoutQuest · · 2 min read
- Internal Auditor Appointed
- M/s. Agrawal Damani and Associates, Chartered Accountants (FRN: 134231W)
- Appointment Period
- financial year 2026-2027 and onwards
- Board Meeting Date
- 22nd October, 2026
What the company informed the exchanges
- The Board of Directors of Sai Urja Indo Ventures Ltd, at its meeting held on 22nd October, 2026, approved the appointment of M/s. Agrawal Damani and Associates, Chartered Accountants (FRN: 134231W), as the Internal Auditor of the company.
- The appointment is for the financial year 2026-2027 and onwards.
- The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, with the details set out in an annexure.
About the appointed firm
- M/s. Agrawal Damani and Associates is described in the update as a Nagpur-based practising chartered accountant firm.
- The update states the firm has experience in auditing and finance.
- The update also states that the partners of the firm are independent of the promoters as well as the directors of the company.
What an internal auditor does
- An internal auditor examines whether a company's internal processes, controls and record-keeping are working as they should.
- This role is separate from the statutory auditor, who audits the annual financial statements and signs the audit report.
- Internal audit findings typically go to the management and the audit committee of the board, which use them to tighten processes.
How to read this announcement
- A fresh appointment of an internal auditor is a governance and management-level update; it does not by itself change the company's share capital, borrowings or business operations.
- The stated independence of the audit firm's partners from the promoters and directors is a point the company has highlighted in the disclosure.
- For a retail investor, this is a routine disclosure that adds to the picture of how the company's oversight arrangements are set up, and it is best read alongside the company's periodic financial results and audit-related disclosures.
Also from Sai Urja Indo Ventures
Board approves appointment of M/s. Agrawal Damani and Associates as Internal Auditor for FY 2026-2027 onwards
23 Oct 2026
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Source: BSE · 22 Oct 2026
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