Shanti Gold International has reappointed Ankit Mundra & Associates as its internal auditors for the fiscal year 2026-27, a move aimed at maintaining continuity in statutory compliance and internal control oversight. The Board of Directors approved the reappointment during a meeting held on July 31, 2026, effective from the same date. This decision ensures that the firm, which holds Firm Registration No. 025271C, continues to provide assurance, taxation, and advisory services to the company.

The appointment was made pursuant to the provisions of the Companies Act, 2013 and the applicable rules thereunder. The Board also disclosed the outcome in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III of the Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Key Appointment Details

Ankit Mundra & Associates is described as a firm of Chartered Accountants committed to delivering high-quality assurance, taxation, and advisory services. The firm’s objective is to help businesses achieve statutory compliance, strengthen internal controls, and make informed financial decisions while ensuring adherence to applicable laws and regulations. The team possesses extensive experience in serving clients across various industries, including manufacturing, trading, services, infrastructure, real estate, and non-profit organizations.

The Board meeting commenced at 12:30 p.m. IST and concluded at 01:30 p.m. IST. Vrushti Shah, Company Secretary & Compliance Officer, signed the disclosure letter addressed to the Listing/Compliance Departments of BSE Limited and National Stock Exchange of India Limited. The intimation was also uploaded on the company’s website at www.shantigold.in .

Shanti Gold International Limited has approved a proposal to raise up to Rs 100 crore through a rights issue of fully paid-up equity shares to strengthen its working capital position and support general corporate purposes. The board of directors sanctioned the issuance of equity shares with a face value of Rs 10 each at a meeting held on June 30, 2026. The company filed the necessary intimation with BSE Limited and the National Stock Exchange of India Limited on the same day, complying with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The rights issue will be offered to eligible equity shareholders as on a record date, which is yet to be determined and notified. The board will decide the specific terms and conditions, including the issue price, rights entitlement ratio, timing of the issue, and terms of payment. The issuance is subject to regulatory and statutory approvals, including adherence to the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Companies Act, 2013, and other applicable laws.

Key Details of the Rights Issue

The board's decision establishes the framework for the capital raising initiative, with several parameters to be finalised subsequently.

Objects of the Issue

The net proceeds from the rights issue are proposed to be deployed for the following purposes:

• Funding working capital requirements of the company.
• General corporate purposes.

Vrushti Shah, Company Secretary & Compliance Officer, signed the intimation on behalf of Shanti Gold International Limited. The information is also available on the company's website at www.shantigold.in .