Crizac appoints Grant Thornton as internal auditor for FY 2026-27

Crizac Limited has appointed Grant Thornton Bharat LLP as its internal auditor for the financial year 2026-27. The decision was approved by the company's Board of Directors during a meeting held on May 25, 2026. The appointment is effective from the date of the meeting.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III and the SEBI Master Circular dated January 30, 2026. The board meeting commenced at 11:00 A.M. and concluded at 01:15 P.M. on the same day.

Appointment Details

The appointment follows the requirements set out in the SEBI Master Circular. Grant Thornton Bharat LLP has been engaged specifically to conduct the internal audit for the company for the upcoming financial year.

Auditor Profile

Grant Thornton Bharat LLP is a professional services firm and a member of Grant Thornton International Ltd., UK. The firm operates across 19 offices in India and has access to a global network spanning over 150 markets. It employs more than 12,000 professionals in India, offering services such as assurance, internal audit, risk advisory, and tax consulting. The firm serves numerous Fortune India 500 companies.

The key details of the appointment are summarized below:

Particulars	Details
Reason for Change	Appointment as Internal Auditor for Financial Year 2026-27
Date of Appointment	25 May, 2026
Term of Appointment	Financial Year 2026-27
Relationship with Directors	Not Applicable

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-5.05%	+7.28%	+0.16%	-27.82%	-29.83%	-29.83%

Crizac Limited has informed the exchanges regarding the resignation of its internal auditor, Ghoshal & Co. The firm tendered its resignation effective May 21, 2026, citing time constraints and preoccupation with professional commitments as the primary reasons.

Resignation Details

The resignation was communicated via a letter dated May 21, 2026. Consequently, Ghoshal & Co, Chartered Accountants, ceased to act as the internal auditor of the company from the same date. The company confirmed that the internal auditor stated there are no material reasons for the resignation other than those mentioned in the letter.

Auditor Information

The disclosure provided specific details regarding the change in the internal auditor's position.

Sr.No.	Particulars	Details
a)	Name of Internal Auditor	Ghoshal & Co., Chartered Accountants, (FRN: 050177)
b)	Reason for change	Resignation due to preoccupation and professional commitments.
c)	Date of cessation	21 May, 2026
d)	Brief profile	Not Applicable
e)	Disclosure of relationships	Not Applicable

The resignation letter from Ghoshal & Co noted that the internal audit period was limited to March 31, 2026. The firm expressed gratitude to the management and team for their support during its tenure. The information was submitted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.