Cubical Financial Service has reappointed M/s. Magna Capital Advisors Private Limited as its internal auditor for the financial year 2026-27. The company’s Board of Directors approved the decision during a meeting held on August 11, 2026, ensuring continuity in its internal audit functions for the upcoming fiscal period. This appointment is made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The reappointment takes effect from April 1, 2026. The disclosure was issued under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as amended from time to time. There are no disclosed relationships between the directors of Cubical Financial Services and the appointed internal auditor firm.

Auditor Profile

M/s. Magna Capital Advisors Private Limited is a private company registered with the Registrar of Companies (ROC) in Delhi. Incorporated in 2011, the firm has accumulated more than 14 years of experience in providing professional services. Its core competencies include internal auditing, accounting, income tax consultancy, GST consultancy, and related advisory services.

Appointment Details

The Board’s decision reflects a standard compliance procedure to ensure robust internal controls and regulatory adherence for the financial year 2026-27. The firm’s extensive background in tax and auditing services positions it to support the company’s ongoing financial governance requirements.

Cubical Financial Services Limited has approved the re-appointment of Ashwani Kumar Gupta as Executive Chairman and Managing Director for a further term of five years. The decision ensures continuity in leadership for the non-banking financial company, with the new tenure scheduled to begin immediately after his current term expires. This move stabilizes the executive structure during a critical period for the firm’s strategic direction.

The Board of Directors made the approval during a meeting held on August 11, 2026, acting on the recommendation of the Nomination and Remuneration Committee. The re-appointment is effective from October 1, 2026, and will conclude on September 30, 2031. The resolution requires final ratification by the members of the company at the forthcoming General Meeting, as mandated under corporate governance norms.

Key Details of Re-appointment

Ashwani Kumar Gupta has been associated with Cubical Financial Services in the capacity of Executive Chairman and Managing Director. The company cited his extensive experience in management and operations, noting his instrumental role in providing strategic direction and leadership. His existing tenure expires on September 30, 2026, creating a seamless transition into the new five-year term.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, in its filing. Additionally, the company confirmed compliance with BSE Circular Number LIST/COM/14/2018-19 and NSE Circular Number NSE/CML/2018/24 dated June 20, 2018, stating that Gupta has not been debarred from holding the office of director by SEBI or any other authority.

The Board meeting commenced at 2:00 P.M. and concluded at 3:30 P.M. Ruchi Singh, Company Secretary (M. No.: A58370), certified the proceedings. There are no inter-se relationships between directors disclosed in connection with this appointment.