Forge Auto International appoints Harpriya Garg & Associates as internal auditor
Forge Auto International Limited appointed M/s Harpriya Garg & Associates as internal auditor for FY27 on May 28, 2026. The firm, based in Ludhiana, has over eight years of experience in statutory and internal audits.
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Forge Auto International Limited has appointed M/s Harpriya Garg & Associates as its internal auditor for the financial year 2026-27. The Board of Directors approved the appointment during a meeting held on May 28, 2026, to ensure compliance with Section 138 of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The appointment is effective from May 28, 2026. M/s Harpriya Garg & Associates, a firm established in 2017 and based in Ludhiana, brings over eight years of professional experience in statutory, tax, and internal audits. The firm specializes in risk assessment, financial controls, and compliance management across diverse sectors.
Details of Appointment
The following table outlines the key details regarding the new internal auditor:
| Sr. No | Details of events | Information of such event(s) |
|---|---|---|
| 1. | Reason for Change | Appointment to comply with Section 138 of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. |
| 2. | Date of Appointment | 28 May 2026 |
| 3. | Brief Profile | A practising Chartered Accountant and proprietor of M/s Harpriya Garg and Associates, established in 2017, with over 8 years of experience. Expertise includes statutory, tax, and internal audits, risk assessment, and compliance management. |
| 4. | Disclosure of relationships | Not Applicable. |
| 5. | Term of Appointment | For F.Y. 2026-27 |
The Board meeting commenced at 02:00 P.M. and concluded at 05:30 P.M. The disclosure was submitted to the National Stock Exchange of India Ltd pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Historical Stock Returns for Forge Auto International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.65% | -8.44% | -1.94% | -24.68% | +5.93% | -16.69% |
What specific compliance improvements does Forge Auto International expect to achieve with the new internal auditor?
How will the appointment impact Forge Auto's risk assessment and financial control frameworks?
Will the new auditor's expertise lead to cost savings or operational efficiencies in the long term?
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