Rudra Global Infra Products Appoints J.M. Parikh & Associates as Internal Auditor for FY 2026-27

1 min read     Updated on 02 May 2026, 07:39 PM
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Rudra Global Infra Products Limited has appointed M/s J. M. Parikh & Associates, Chartered Accountants (FRN: 118007W), as Internal Auditors for FY 2026-27, effective May 02, 2026. The Ahmedabad-based firm, established in 1998, brings expertise in taxation, company law compliance, and various audit services. The appointment maintains full independence with no shareholding or relationships with company directors or key managerial personnel, ensuring compliance with SEBI regulations.

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Rudra Global Infra Products Limited has announced the appointment of M/s J. M. Parikh & Associates as Internal Auditors for Financial Year 2026-27. The decision was taken by the Board of Directors at their meeting held on May 02, 2026, in compliance with regulatory disclosure requirements.

Appointment Details

The company has formally notified both BSE Limited and National Stock Exchange of India Limited about this appointment under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointment is effective from May 02, 2026, with the specific mandate to conduct internal audit activities for FY 2026-27.

Parameter: Details
Appointed Firm: M/s J. M. Parikh & Associates
FRN Number: 118007W
Appointment Date: May 02, 2026
Term: Financial Year 2026-27
Primary Role: Internal Audit Conduct

Firm Profile and Expertise

J. M. Parikh & Associates is a Chartered Accountants firm established in 1998 as a partnership firm with headquarters in Ahmedabad. The firm operates from B-705, 7th Floor, Nirman Complex, opposite Havmor Restaurant, behind Navrangpura Bus-Stop, Navrangpura, Ahmedabad - 380009.

The firm brings specialized expertise across multiple areas:

  • Direct Taxation including Tax Planning
  • Company Law Compliance & Advisory
  • Bank Audit
  • Statutory Audits
  • Tax Audits
  • Project Finance
  • Indirect Taxation

Independence and Compliance

As per the disclosure requirements, the appointed firm maintains complete independence from the company. J. M. Parikh & Associates holds no shareholding in Rudra Global Infra Products Limited and has no relationships with the company's Directors or Key Managerial Personnel.

Compliance Aspect: Status
Shareholding in Company: Nil
Relationship with Directors: Not Related
Relationship with KMP: Not Related
Independence Status: Fully Independent

Regulatory Framework

The appointment follows the guidelines specified under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024. The disclosure was signed by Ashokkumar Gupta, Director (DIN: 00175862), ensuring proper authorization and compliance with corporate governance norms.

Historical Stock Returns for Rudra Global Infra Products

1 Day5 Days1 Month6 Months1 Year5 Years
-0.24%-6.92%+24.71%-25.59%-25.59%-25.59%

What specific areas of Rudra Global Infra Products' operations will the internal audit focus on given the company's infrastructure sector exposure?

How might the enhanced internal audit framework impact Rudra Global Infra Products' ability to secure new project financing or partnerships?

Will this internal audit appointment lead to any changes in the company's risk management policies or operational procedures for FY 2026-27?

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Rudra Global Infra Products Receives Credit Rating Upgrade from Infomerics Ratings

1 min read     Updated on 04 Feb 2026, 08:35 PM
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Rudra Global Infra Products Limited announced a credit rating upgrade from Infomerics Ratings on February 04, 2026. The company's long-term bank facilities rating was revised upward from IVR BBB-/Stable to IVR BBB/Stable, indicating improved creditworthiness and financial stability. The upgrade reflects enhancement in the company's credit profile and was communicated to stock exchanges in compliance with SEBI listing regulations.

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Rudra Global Infra Products Limited has received a credit rating upgrade from Infomerics Ratings, marking a positive development in the company's financial standing. The upgrade was formally communicated to both BSE Limited and National Stock Exchange of India Limited on February 04, 2026, in compliance with SEBI listing obligations.

Credit Rating Enhancement Details

The credit rating agency Infomerics Ratings has revised the company's long-term bank facilities rating upward, reflecting improved creditworthiness and financial stability.

Parameter: Details
Instrument/Facility: Long Term Bank Facilities
Credit Rating Agency: Infomerics Ratings
Previous Rating: IVR BBB-/Stable
Upgraded Rating: IVR BBB/Stable
Outlook: Stable

Significance of the Upgrade

The revision in rating represents a notable improvement in Rudra Global Infra Products' credit profile. The upgrade from IVR BBB- to IVR BBB indicates enhanced financial strength and reduced credit risk, which could potentially lead to better borrowing terms and increased investor confidence.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III thereof. The announcement was signed by Managing Director Sahil Ashokkumar Gupta (DIN: 02941599) and submitted to both major stock exchanges where the company is listed.

Stock Exchange Communication

The formal intimation was sent to BSE Limited (Security ID: RUDRA, Security Code: 539226) and National Stock Exchange of India Limited (Symbol: RUDRA), ensuring full transparency and compliance with regulatory requirements. The company emphasized that this disclosure aligns with applicable provisions of SEBI (LODR) Regulations, 2015, maintaining its commitment to regulatory adherence.

Historical Stock Returns for Rudra Global Infra Products

1 Day5 Days1 Month6 Months1 Year5 Years
-0.24%-6.92%+24.71%-25.59%-25.59%-25.59%
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1 Year Returns:-25.59%