Sayaji Industries Appoints M/s T R S & Associates as Internal Auditor for FY 2026-27
Sayaji Industries Limited has appointed M/s T R S & Associates, a practicing Chartered Accountant firm registered with the ICAI, as its Internal Auditor for the financial year 2026-27. The Board approved the appointment based on the Audit Committee's recommendation, with remuneration to be decided periodically. The firm specializes in statutory audits, IPO advisory, and regulatory compliance.

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Sayaji Industries Limited has officially announced the appointment of M/s T R S & Associates as its Internal Auditor for the financial year 2026-27. The decision was approved by the Board of Directors on the recommendation of the Audit Committee. The disclosure was submitted to BSE Limited on 6th May, 2026, in accordance with SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
Appointment Details
The appointment details were disclosed in Annexure-A submitted to the exchange. The table below summarizes the key parameters of the appointment:
| Parameter | Details |
|---|---|
| Firm Name | M/s T R S & Associates |
| Firm Type | Practicing Chartered Accountant Partnership Firm |
| Firm Registration No. | 141126W |
| Registered With | Institute of Chartered Accountants of India |
| Location | Ahmedabad |
| Role | Internal Auditor |
| Tenure | Financial Year 2026-27 |
| Remuneration | To be decided by the Board in consultation with the Internal Auditor from time to time |
Profile of M/s T R S & Associates
M/s T R S & Associates is a Chartered Accountant firm based in Ahmedabad, engaged in providing assurance, advisory, and compliance services to a diverse client base. The firm has gained experience in statutory audit, internal audit, and regulatory compliance, including SEBI ICDR & LODR requirements. Additionally, the firm provides strategic business advisory, IPO-related advisory, IND AS implementation, and valuations across various industries.
Regulatory Compliance
The appointment is compliant with applicable SEBI Listing Regulations. The disclosure was submitted by Vishnu Thaker, Company Secretary and Compliance Officer (ACS-60441), on behalf of Sayaji Industries Limited. The document was digitally signed on 6th May, 2026.
Historical Stock Returns for Sayaji Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.99% | +15.70% | +19.49% | +47.08% | +56.60% | +168.45% |
How might M/s T R S & Associates' expertise in IPO advisory influence Sayaji Industries' potential capital market activities or fundraising plans in the near future?
Could the appointment of a relatively young firm (established 2015) as internal auditor signal a shift in Sayaji Industries' governance strategy, and how might this impact investor confidence?
Given the firm's specialization in IND AS implementation and GST advisory, are there indications that Sayaji Industries may be undergoing significant accounting standard transitions or facing indirect tax challenges in FY 2026-27?


































