Aditya Spinners Appoints P Ramamoorthy as Internal Auditor
Aditya Spinners Limited has appointed Sri P Ramamoorthy as its Internal Auditor for FY 2026-27, effective May 22, 2026. The Board approved the appointment based on the Audit Committee's recommendation. Ramamoorthy brings 52 years of experience in finance, taxation, and accounting.
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Aditya Spinners Limited has announced the appointment of Sri P Ramamoorthy as its Internal Auditor for the financial year 2026-27. The decision was approved by the Board of Directors following a recommendation from the company's Audit Committee. The appointment is effective from May 22, 2026.
Sri P Ramamoorthy brings extensive experience to the role, having spent approximately 52 years in finance matters. His expertise spans the fields of Finance, Taxation, Accounting, and advisory services. The company confirmed that there are no disclosures required regarding any relationship between the new auditor and the directors.
The appointment was communicated to the BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification detailed the rationale for the appointment and the background of the appointee.
Appointment Details
| Particulars | Details |
|---|---|
| Name of the internal auditor | Sri P Ramamoorthy |
| Reason for change | Appointment as Internal Auditor of the Company |
| Date of appointment | May 22, 2026 |
| Brief Profile | Sri P Ramamoorthy has experience of approximately 52 years in finance matters. He has vast experience in the fields of Finance, Taxation, Accounting and advisory services |
| Disclosure of relationship between directors | NIL |
Historical Stock Returns for Aditya Spinners
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.55% | +1.28% | -9.54% | -15.28% | -27.26% | +38.73% |
How might Sri P Ramamoorthy's 52 years of experience in taxation and finance influence Aditya Spinners Limited's internal audit framework and compliance strategies for FY 2026-27?
What specific financial or operational risk areas within Aditya Spinners Limited's textile business could come under heightened scrutiny under the new internal auditor's watch?
Could the appointment of an experienced external internal auditor signal any upcoming changes in Aditya Spinners Limited's corporate governance structure or financial reporting practices?
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