Sandur Manganese & Iron Ores Appoints Ernst & Young LLP as Internal Auditor for FY 2026-27
Sandur Manganese & Iron Ores Limited appointed Ernst & Young LLP (Firm Registration No. AAB-4343) as its Internal Auditor for FY 2026-27, with a term running from 1 April 2026 to 31 March 2027. The appointment was approved by the Board of Directors at its 384th meeting held on 7 May 2026, based on the Audit Committee's recommendation. The disclosure was made pursuant to Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015, and communicated to BSE Limited and the National Stock Exchange of India Limited.
*this image is generated using AI for illustrative purposes only.
Sandur Manganese & Iron Ores Limited has announced the appointment of Ernst & Young LLP as its Internal Auditor for the financial year 2026-27. The decision was made pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was formally communicated to the stock exchanges on 7 May 2026.
Board Approval at 384th Meeting
The Board of Directors approved the appointment at its 384th meeting held on Thursday, 7 May 2026, which commenced at 2:00 P.M. and concluded at 5:30 P.M. The appointment was made based on the recommendation of the Audit Committee, in compliance with applicable SEBI disclosure requirements, including SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026.
Appointment Details
The key details of the appointment, as disclosed under the applicable SEBI regulations, are outlined below:
| Parameter: | Details |
|---|---|
| Auditor Name: | Ernst & Young LLP |
| Firm Registration No.: | AAB-4343 |
| Role: | Internal Auditor |
| Date of Appointment: | 7 May 2026 |
| Term of Appointment: | 1 April 2026 to 31 March 2027 |
| Basis of Appointment: | Recommendation of the Audit Committee |
| Disclosure of Relationships between Directors: | Not Applicable |
Profile of Ernst & Young LLP
Ernst & Young LLP is a major professional services firm supporting organizations in managing risk, improving performance, complying with regulations, and navigating complex business transformations in India and globally. The firm brings extensive expertise across industries, making it a prominent choice for internal audit engagements of listed companies.
Regulatory Compliance
The disclosure was made in accordance with Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015, and the relevant SEBI Master Circular. The communication was submitted to both BSE Limited and the National Stock Exchange of India Limited. The filing was signed by Neha Thomas, Company Secretary & Compliance Officer (ICSI Membership No. A60853), on behalf of Sandur Manganese & Iron Ores Limited.
How might Ernst & Young LLP's internal audit findings for FY2026-27 influence Sandur Manganese's operational risk management strategies and capital allocation decisions?
Could the appointment of a Big Four firm as internal auditor signal Sandur Manganese's preparation for significant corporate actions such as expansion, acquisitions, or increased institutional investor scrutiny?
How will enhanced internal audit oversight potentially impact Sandur Manganese's compliance posture amid evolving SEBI regulations for mining and natural resources companies?
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
