NewsContinental Securities Limited Re-appoints Ajay Khandelwal & Associates as Internal Auditor for FY 2026-27Continental Securities Limited Re-appoints Ajay Khandelwal & Associates as Internal Auditor for FY 2026-27
Continental Securities Limited re-appointed Ajay Khandelwal & Associates, Chartered Accountants, as its Internal Auditor for FY 2026-27 at a Board of Directors meeting held on May 08, 2026. The re-appointment, valid for one year, was based on the Audit Committee's recommendation and is disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The firm provides services including GST, direct taxation, consultancy, and advisory services to both corporate and non-corporate clients. The auditor has no relationship with any Directors or Key Managerial Personnel of the company.
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Continental Securities Limited has re-appointed Ajay Khandelwal & Associates, Chartered Accountants, as its Internal Auditor for the Financial Year 2026-27. The decision was approved by the Board of Directors at its meeting held on May 08, 2026, acting on the recommendation of the Audit Committee. The disclosure has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
Board Meeting Details
The Board of Directors' meeting commenced at 02.30 P.M. and concluded at 03.30 P.M. on May 08, 2026. During the meeting, the re-appointment of the Internal Auditor was among the key agenda items considered and approved. The intimation was signed by Pravita Khandelwal, Company Secretary and Compliance Officer, on the same date.
Re-appointment Details
The following details regarding the re-appointment have been disclosed as required under Regulation 30 of the SEBI Listing Regulations:
| Parameter: | Details |
|---|---|
| Reason for Change: | Re-appointment of the Internal Auditor |
| Date of Appointment: | May 08, 2026 |
| Term of Appointment: | FY 2026-27 (One Year) |
| Auditor Name: | Ajay Khandelwal & Associates, Chartered Accountants |
| Relationship with Directors/KMP: | Not related to any Directors, Key Managerial Personnel, or their relatives |
Profile of the Internal Auditor
Ajay Khandelwal & Associates is a Chartered Accountancy firm that serves a diverse clientele, including both corporate and non-corporate entities. The firm offers comprehensive professional services covering areas such as:
- GST
- Direct taxation
- Consultancy
- Related advisory services
The firm has been confirmed to have no relationship with any of the Directors, Key Managerial Personnel, or any of their relatives of Continental Securities Limited.
Regulatory Compliance
The re-appointment and its disclosure are in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information has also been made available on the company's official website at www.continentalsecuritiesltd.com .
Historical Stock Returns for Continental Securities
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.08% | +8.83% | +10.87% | +10.87% | +20.69% | +306.33% |
How might Continental Securities Limited's internal audit findings for FY 2026-27 influence its compliance strategy amid evolving SEBI regulatory requirements?
Could the continued reliance on a single-year appointment term for the internal auditor signal any governance concerns or strategic shifts in Continental Securities Limited's audit oversight approach?
What impact might Ajay Khandelwal & Associates' relatively focused service portfolio have on the depth and breadth of internal audit coverage for a securities firm like Continental Securities Limited?
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