Board approves internal auditor change: Aasna Shah ceases, Doshi Jain & Co. appointed
Board meeting outcome (16th October 2026): change of internal auditor.
By ScoutQuest · · 2 min read
- Effective Date of Change
- 16th October 2026
- Outgoing Internal Auditor
- Ms. Aasna Shah ceased as Internal Auditor from 16th October 2026
- Incoming Internal Auditor
- M/s Doshi Jain & Co., Chartered Accountants; established in 2015, 5 partners and over 150 professionals
The Board of Sky Gold and Diamonds Ltd (formerly Sky Gold Limited) met on Friday, 16th October 2026 and approved a change in the company's internal audit function. The meeting commenced at 04:00 P.M. IST and concluded at 04:15 P.M. IST.
What the Board decided
- Ms. Aasna Shah ceased to be the Internal Auditor of the Company with effect from 16th October 2026. The update states she tendered her resignation due to a change in her professional responsibilities within her organisation, and that the intimation was received on 15th October 2026 at 04:30 PM.
- M/s Doshi Jain & Co., Chartered Accountants was appointed as the Internal Auditor of the Company with effect from 16th October 2026. The Board considered and approved the appointment based on the recommendation of the Audit Committee.
About the incoming firm
The update describes M/s Doshi Jain & Co., Chartered Accountants, as a business consulting and risk advisory firm established in 2015, with experience in risk-based internal audit, internal financial controls, process improvement and compliance advisory. It states the firm has a team of 5 partners and over 150 professionals, with Big-4 experience across industries including manufacturing, FMCG, real estate, logistics, technology and insurance. Its internal audit approach is described as focusing on risk assessment, evaluation of internal controls, data analytics, identification of process inefficiencies, and recommendations to strengthen operational and financial controls. The update also states that the firm is not related to any Director of the Company.
Why the role matters
An internal auditor reviews the company's internal controls, processes and risk management from within and reports to the audit committee. This is separate from the statutory auditor, who audits and signs off on the financial statements. This change therefore relates to the internal review and control function rather than to who certifies the accounts.
How to read this
- Both the cessation and the appointment were approved at the same Board meeting, and the incoming firm takes over on the same date the outgoing auditor ceased.
- The update gives the reason for the exit as a change in the outgoing auditor's professional responsibilities within her organisation.
- The incoming firm is described with its team strength and risk-based audit approach, on which the Audit Committee's recommendation was based, and is stated to be unrelated to any Director of the Company.
Also from Sky Gold And Diamonds
Board meeting on 27 October 2026 to consider Q2/H1 results and evaluate a fund-raising proposal
22 Oct 2026
Internal Auditor change: Aasna Shah ceases, Doshi Jain & Co. appointed
16 Oct 2026
Skygold stock hit a fresh 52-week high, continuing its rally from the previous day
13 Oct 2026
More numbers
- Partners in M/s Doshi Jain & Co., Chartered Accountants5 partners
- Professionals in M/s Doshi Jain & Co., Chartered Accountantsover 150 professionals
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