SKP Bearing Industries Limited has appointed M/s. P. A. Parekh & Co. as its new internal auditor for a tenure spanning FY 2026-2027 to FY 2027-2028. The appointment follows the resignation of the previous internal auditor, M/s. Sandeep Suhas Sabne, effective April 1, 2026. The company disclosed these changes in a regulatory filing submitted on May 25, 2026.

The resignation of M/s. Sandeep Suhas Sabne was attributed to other pre-occupations and engagement in other professional assignments. The firm ceased its duties as internal auditor effective from the close of business hours on April 1, 2026. The company confirmed that the transition complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

M/s. P. A. Parekh & Co., Chartered Accountants, brings over 15 years of experience in auditing, taxation, and financial consultancy. Established in 2009, the firm operates from its corporate office in Ahmedabad and head office in Bhavnagar. The firm has previously conducted statutory and internal audits for major banks, including State Bank of India, Bank of Baroda, and Central Bank of India.

The appointment is effective immediately from the closure of business hours on May 25, 2026. The firm will oversee the internal audit functions for the specified tenure. The disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations and read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026.

Auditor Details

SKP Bearing Industries Limited has scheduled a conference call to discuss the Audited Financial Results for the quarter and year ended March 31, 2026. The meeting will be held on Friday, May 29, 2026, at 4:00 PM IST. The session will cover both standalone and consolidated financial performance for the fourth quarter and the full fiscal year.

Conference Call Details

The management team, led by Mr. Shrinand K. Palshikar, Chairman & Managing Director, will address the analysts and investors. The call will be conducted via Zoom and recorded in compliance with SEBI regulations. Participants must register in advance to receive the necessary joining details.

Registration and Access

Interested participants can register for the event through the official link provided by the company. Below are the key details required to join the session:

Following the conclusion of the call, the presentation, audio recording, and transcript will be made available on the company's website. KAPTIFY Consulting has been appointed as the coordinator for the event.