Pharmaids Pharmaceuticals appoints internal auditor for FY 2026-27
Pharmaids Pharmaceuticals Limited appointed M/s. V Mahendra & Associates Chartered Accountants as internal auditor for FY 2026-27, approved by the Board on June 30, 2026. The firm has over 23 years of experience in compliance and internal controls. The disclosure was made under SEBI Regulation 30.
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Pharmaids Pharmaceuticals Limited has appointed M/s. V Mahendra & Associates Chartered Accountants as its internal auditor for the financial year 2026-27. The Board of Directors approved the appointment on June 30, 2026, following the recommendation of the Audit Committee. The firm will oversee internal audit functions to ensure compliance and strengthen internal controls.
The appointment was disclosed to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the information is available on its website. The decision aligns with the requirements of SEBI Master Circular dated January 30, 2026.
M/s. V Mahendra & Associates is a Chartered Accountant firm with over 23 years of professional experience. The firm specializes in assisting corporate entities with statutory compliance, internal controls, financial reporting systems, and operational efficiency. Its registration number is 025356S.
The table below outlines the key details of the appointment:
| Sl. No. | Particulars | Details |
|---|---|---|
| 1 | Reason for change | Appointment of M/s. V Mahendra & Associates Chartered Accountants (FRN: 025356S) as Internal Auditors for FY 2026-27. |
| 2 | Date of appointment | June 30, 2026 |
| 3 | Brief Profile | Chartered Accountant firm with over 23 years of experience, focusing on compliance, internal controls, and operational efficiency. |
The disclosure was signed by Prasanna Subramanya Bhat, Company Secretary & Compliance Officer of Pharmaids Pharmaceuticals Limited . The appointment is effective immediately for the specified financial year.
Historical Stock Returns for Pharmaids Pharmaceuticals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.76% | -0.23% | +18.93% | -26.35% | -42.72% | +151.73% |
What specific areas of operational efficiency does Pharmaids Pharmaceuticals aim to improve with this new internal auditor?
How might the appointment impact the company's compliance posture ahead of the upcoming financial year?
Will the new internal auditor collaborate with external auditors to enhance financial reporting transparency?
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