Internal Auditor Appointed for FY 2026-27
The Board of Simandhar Impex Ltd approved M/s. M C Asawa & Co., Chartered Accountants (Firm Reg.
By ScoutQuest · · 2 min read
- Internal Auditor Appointed
- M/s. M C Asawa & Co., Chartered Accountants (Firm Reg. No. 008041C), Nagpur
- Appointment Period
- FY 2026-27
- Effective Date
- 23 October 2026
What was announced
The Board of Simandhar Impex Ltd, at its meeting held on Friday, 23 October 2026, considered and approved the appointment of M/s. M C Asawa & Co., Chartered Accountants, as the Internal Auditor of the Company. The appointment takes effect from 23 October 2026 and covers the financial year 2026-27.
The firm will conduct the internal audit of the Company in accordance with the applicable provisions of the Companies Act, 2013 and the rules made thereunder.
About the appointed firm
- Name: M/s. M C Asawa & Co., Chartered Accountants, with Firm Registration No. 008041C.
- Based in Nagpur and registered with the Institute of Chartered Accountants of India since 1997.
- Led by CA Mukund Sarda (FCA).
- States that it provides audit, assurance, taxation, accounting and financial advisory services to listed companies, IPO-bound entities and mid-sized businesses across sectors.
What the firm says it covers
Its internal audit expertise is described as including process walkthroughs, risk and control matrix preparation, testing of design and operating effectiveness of controls, and transaction-level reviews and reconciliations covering sales, GST, TDS/TCS, payroll statutory dues, inventory and procurement processes.
On professional experience, the firm cites over 12 years of relevant audit and assurance experience, including experience with Deloitte Haskins & Sells LLP, Mumbai, and more than 35 Ind AS implementation and conversion assignments for listed and IPO-bound companies.
Clients named in the disclosure span trading, manufacturing, healthcare, logistics, real estate and infrastructure, including Wellness Forever, NOCIL Limited, CarTrade.com, Farmico Cold Chain & Logistics Limited and the Nagpur Metro Rail Project.
Other details in the disclosure
On the point of relationships between directors, the update states this is Not Applicable.
Why this matters to a retail investor
An internal auditor reviews a company's internal controls and processes rather than issuing the statutory audit opinion on the financial statements. A dedicated internal audit engagement for the year is an internal oversight step. The update identifies the firm and its stated experience; it does not set out the fee or the scope beyond the statutory reference above.
Also from Simandhar Impex
Board approves revised Code of Conduct & Code of Fair Disclosure (Insider Trading Policy)
23 Oct 2026
Contact details of CEO, CFO and Company Secretary disclosed as KMP authorised to determine materiality
23 Oct 2026
Board approves H1 FY27 standalone results, internal auditor change and 12 revised policies
23 Oct 2026
More numbers
- Relevant audit and assurance experience of the appointed firmover 12 years
- Ind AS implementation and conversion assignments handledmore than 35
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