Board approves M/s Krishna Reddy & Co. as Internal Auditor for FY 2026-27
Board approved M/s Krishna Reddy & Co., Chartered Accountants, as Internal Auditor for FY 2026-27, on the Audit Committee's recommendation, at its meeting on 04.11.2026.
By ScoutQuest · · 1 min read
- Internal Auditor Appointed (FY)
- M/s Krishna Reddy & Co., Chartered Accountants, as Internal Auditor for FY 2026-27
- Board Meeting Date
- 04.11.2026
- Auditor Firm Profile
- practised since 1990; two partners; 25 staff; client base of 525 files
What was announced
- The Board of Directors, at its meeting held on 04.11.2026, approved the appointment of M/s Krishna Reddy & Co., Chartered Accountants, as the Internal Auditor of the company.
- The decision was taken on the recommendation of the Audit Committee.
- The tenure is for Financial Year 2026-27, on the terms approved by the Board of Directors.
Profile of the incoming firm
- A Hyderabad-based firm of Chartered Accountants, practising since 1990.
- Its services cover audit, assurance, taxation and project advisory for companies, firms, co-operative societies, trusts and other entities.
- It has two partners, supported by a team of 25 professional and support staff, and by retained specialists in company law, cost accounting and information-systems audit.
- Its client base of 525 files spans healthcare, hospitality, infrastructure, agri-business, energy and education.
What an internal auditor does
An internal auditor reviews the company's internal controls, operating processes and risk management through the year, and reports into the management and the audit committee. This role is distinct from the statutory auditor, who audits the annual financial statements and signs the audit report. The update covers the internal audit mandate for FY 2026-27.
Points a retail investor may note
- This is a board-level appointment for the year, intimated to the exchanges as a governance disclosure.
- The appointment follows a recommendation by the Audit Committee, so it carries an internal review step before Board approval.
- The column seeking disclosure of relationships between directors is marked Not Applicable, as this is an auditor appointment.
How to read it
The announcement is an update on the company's audit and governance arrangements for the coming financial year, rather than a business or earnings event.
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More numbers
- Professional and support staff at the audit firm25
- Partners at the audit firmtwo
- Client files of the audit firm525
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