RBM Infracon appoints Bihari Shah & Co. as internal auditor for FY27
RBM Infracon Limited appointed M/s. Bihari Shah & Co. as its Internal Auditor for FY26-27 on August 03, 2026. The decision was taken by the Board of Directors to comply with Section 138 of the Companies Act, 2013 and SEBI Listing Regulations. The Ahmedabad-based firm, holding registration number 119020W, has confirmed its independence and eligibility for the role. No conflicts of interest were disclosed between the auditor and the company's directors.
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Rbm Infracon has appointed M/s. Bihari Shah & Co., Chartered Accountants, as its Internal Auditor for the financial year 2026-27. The company’s Board of Directors approved the appointment during a meeting held on August 03, 2026, ensuring compliance with statutory audit requirements under Section 138 of the Companies Act, 2013. This engagement aims to strengthen the company’s internal control mechanisms and governance framework for the upcoming fiscal year.
The appointment was made in adherence to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced Para A of Schedule III of the Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, in its disclosure to the National Stock Exchange of India Limited.
M/s. Bihari Shah & Co., based in Ahmedabad, holds Firm Registration No. 119020W. The firm specializes in internal audit, statutory audit, taxation, and assurance services. According to the filing, the firm possesses the requisite expertise, resources, and professional competence to undertake internal audit assignments. It has formally confirmed its eligibility, independence, and consent for the appointment.
Appointment Details
| Particulars | Details |
|---|---|
| Reason for Change | Appointment of Internal Auditor |
| Date of Appointment | August 03, 2026 |
| Term of Appointment | Financial Year 2026-27 |
| Auditor Firm | M/s. Bihari Shah & Co., Chartered Accountants |
| Firm Registration No. | 119020W |
The Board confirmed that there are no relationships between the directors of RBM Infracon and the appointed internal auditor that would compromise independence, stating such disclosures are "Not Applicable." The intimation was signed by Jaybajrang Ramaishish Mani, Chairman cum Managing Director of RBM Infracon Limited.
Historical Stock Returns for RBM Infracon
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.09% | -8.32% | -3.35% | -26.63% | -42.52% | +384.03% |
How might the appointment of Bihari Shah & Co. influence RBM Infracon's compliance posture ahead of the FY26-27 statutory audit?
Are there any specific internal control weaknesses or governance gaps that this new appointment aims to address compared to the previous auditor?
Could this change in internal audit firm signal upcoming strategic shifts or operational expansions for RBM Infracon in the coming fiscal year?
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