IZMO Limited appoints M Venkatesha as internal auditor for FY 2026-27

1 min read     Updated on 27 May 2026, 09:52 PM
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IZMO Limited appointed Mr. M Venkatesha as internal auditor for FY 2026-27 following Board approval on May 27, 2026. The appointment, based on Audit Committee recommendations, complies with SEBI regulations. Mr. Venkatesha specializes in indirect taxation and advisory services.

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izmo Limited has appointed Mr. M Venkatesha as its internal auditor for the financial year 2026-27. The Board of Directors approved the appointment on May 27, 2026, based on the recommendations of the Audit Committee. The decision was taken in compliance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Mr. M Venkatesha is a Chartered Accountant with membership number 232131. His firm specializes in audit, taxation, and advisory services, with a specific focus on indirect tax in India, including Goods and Service Tax (GST), Central Excise, Service Tax, and Customs. The appointment is effective from May 27, 2026.

The disclosure regarding the appointment has been made available on the company's website. The regulatory filing included details required under SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Details of Appointment

Particulars Details
Name of the Internal Auditor Mr. M Venkatesha, Chartered Accountant (Membership No: 232131)
Reason for change Appointment as Internal Auditor for Financial Year 2026-2027
Date of appointment 27.05.2026
Terms of appointment Re-appointed for conducting Internal Audit for Financial Year 2026-2027
Brief Profile Chartered Accountant providing Audit, Taxation and Advisory services, specializing in Indirect Tax (GST, Central Excise, Service Tax, Customs, etc.)

Historical Stock Returns for IZMO

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+7.38%+1.50%-14.65%+146.20%+854.74%

How might Mr. Venkatesha's specialization in indirect tax influence izmo Limited's tax strategy and compliance in the upcoming fiscal year?

What potential cost savings or operational efficiencies could izmo expect from the re-appointment of the same internal auditor?

Could this appointment signal any upcoming changes in izmo's internal audit focus or risk management priorities?

IZMO Microsystems Officially Recognized as Key Packaging Partner in National Mission

1 min read     Updated on 27 Apr 2026, 12:56 PM
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IZMO Microsystems has been officially designated as the Photonic IC Packaging Partner for India's National Silicon Photonics Mission in collaboration with CPPICS at IIT Madras. The company filed regulatory disclosure under SEBI Regulation 30, highlighting its role as India's leading photonics packaging company with sub-micron precision capabilities. The mission includes indigenously developed PDK with over 50 verified components and represents a major milestone in India's technology sovereignty.

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IZMO Microsystems, a wholly owned subsidiary of IZMO Limited, has been officially recognized as the Photonic IC Packaging Partner in India's National Silicon Photonics Mission through a landmark project led by the Centre for Programmable Photonic Integrated Circuits and Systems (CPPICS) at IIT Madras.

Official Recognition and Regulatory Filing

The company announced this development through a regulatory filing under SEBI Regulation 30 on April 27, 2026. The filing was submitted to both BSE and NSE, highlighting the significance of this partnership for the listed entity.

Filing Details: Information
Filing Date: April 27, 2026
Regulation: SEBI Regulation 30
BSE Scrip Code: 532341
NSE Symbol: IZMO
Subject: Silicon Photonics Mission Partnership

Strategic Partnership Framework

The Silicon Photonics CoE-CPPICS follows a Product Research, Development and Manufacturing (PRDM) model leveraging CMOS-compatible silicon photonics technology. IZMO Microsystems serves as the photonic IC packaging partner alongside SilTerra Malaysia as the foundry partner.

Technology Leadership and Capabilities

As described by the company as the "leading photonics packaging company in India," IZMO Microsystems brings specialized expertise in sub-micron precision packaging, which is critical for bridging the gap between chip design and commercial applications.

Mr. Dinanath Soni, Director of IZMO Microsystems, stated: "We are honored to be the packaging partner for CPPICS-IITM in this prestigious national initiative. At IZMO Microsystems, we have invested deeply in building world-class design and manufacturing capabilities right here in India."

National Silicon Photonics Mission Context

The mission represents a major milestone in Silicon Photonics technology sovereignty for India. According to the Press Information Bureau release, the indigenously developed Silicon Photonics Process Design Kit (PDK) has over 50 verified components, providing essential design enablement for industries, startups, academic institutions, and defence R&D organisations.

Mission Components: Details
PDK Components: Over 50 verified components
Test Engine: Universal PPIC automated platform
Launch Date: April 24, 2026
Foundry Partner: SilTerra Malaysia
Packaging Partner: IZMO Microsystems

Shri S. Krishnan, Secretary of Ministry of Electronics and Information Technology, launched the Silicon Photonics technology solutions, commenting that "Silicon Photonics in India is matching with global state of the art."

Historical Stock Returns for IZMO

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+7.38%+1.50%-14.65%+146.20%+854.74%

How will IZMO's participation in the National Silicon Photonics Mission impact its revenue growth and market positioning in the next 2-3 years?

What additional partnerships or contracts might emerge from India's push for silicon photonics technology sovereignty in defense and telecommunications sectors?

Will IZMO expand its manufacturing capacity or establish new facilities to meet the anticipated demand from this national mission?

More News on IZMO

1 Year Returns:+146.20%