NewsADF Foods Limited Re-appoints M/s. RMJ & Associates LLP as Internal Auditors for FY 2026-27ADF Foods Limited Re-appoints M/s. RMJ & Associates LLP as Internal Auditors for FY 2026-27
ADF Foods Limited re-appointed M/s. RMJ & Associates LLP, Chartered Accountants (Firm Registration No. W100281), as its Internal Auditors for the Financial Year 2026-27 at a Board meeting held on 13th May, 2026. The re-appointment, recommended by the Audit Committee, is for a term of one year. The firm operates from Mumbai, Ahmedabad, and Pune, with a team of 100 plus members led by 6 Partners, offering services in audit, tax, advisory, and regulatory compliance. The disclosure was made under Regulation 30 of the SEBI (LODR) Regulations, 2015.
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ADF Foods Limited has announced the re-appointment of M/s. RMJ & Associates LLP, Chartered Accountants, as the Internal Auditors of the Company for the Financial Year 2026-27. The decision was approved by the Board of Directors at its meeting held on Wednesday, 13th May, 2026, acting on the recommendations of the Audit Committee. The intimation has been made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para A of Schedule III of the Listing Regulations.
Re-appointment Details
The following table outlines the key details of the re-appointment as disclosed under Regulation 30 of the Listing Regulations:
| Parameter: | Details |
|---|---|
| Firm Name: | M/s. RMJ & Associates LLP, Chartered Accountants |
| Firm Registration No.: | W100281 |
| Role: | Internal Auditors |
| Date of Re-appointment: | 13th May, 2026 |
| Term: | 1 (one) year, i.e., for the Financial Year 2026-27 |
| Regulatory Basis: | Regulation 30 of SEBI (LODR) Regulations, 2015 |
Profile of M/s. RMJ & Associates LLP
M/s. RMJ & Associates LLP is a firm of Chartered Accountants registered with the Institute of Chartered Accountants of India (ICAI). The firm is specialised in providing services across multiple domains, as highlighted below:
- Audit & Assurance
- Direct and Indirect Tax
- Business Advisory
- Accounting
- Regulatory Compliances
The firm operates across three locations — Mumbai, Ahmedabad, and Pune — and comprises a team of 100 plus members led by 6 Partners with rich domain experience.
Regulatory Disclosure
The disclosure has been made in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026. The intimation was signed by Shalaka Ovalekar, Company Secretary of ADF Foods Limited, and submitted to both the National Stock Exchange of India Limited and BSE Limited on 13th May, 2026.
Historical Stock Returns for ADF Foods
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.74% | +0.56% | +41.78% | +25.49% | +15.01% | +47.51% |
How has ADF Foods' internal audit findings historically influenced its financial controls and governance practices, and what key risk areas might RMJ & Associates prioritize in FY 2026-27?
Given ADF Foods' expansion plans in international markets, how might the scope of internal auditing evolve beyond the current one-year term to address cross-border compliance complexities?
Could the continuity of the same internal auditor for multiple years raise independence concerns under evolving SEBI governance norms, and might regulators tighten rotation requirements for internal auditors?
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