SKY Industries Limited has announced changes to its internal audit function following a board meeting conducted on March 30, 2026. The company disclosed both the resignation of its existing internal auditor and the appointment of a new firm to ensure continuity in audit operations, in compliance with Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Outcome

The board meeting commenced at 12:00 P.M. (IST) and concluded at 1:25 P.M. (IST) on March 30, 2026. The board considered and approved matters related to the internal auditor transition, with all decisions made under the regulatory framework of SEBI Listing Regulations.

Internal Auditor Resignation

M/s S.A. Porwal & Associates, Chartered Accountants (FRN No. 146381W), tendered their resignation from the position of Internal Auditors of the company. The resignation became effective from the close of business hours on March 30, 2026, with personal reasons cited as the cause for their departure.

In their resignation letter, S.A. Porwal & Associates confirmed their commitment to facilitate a smooth transition to the incoming Internal Auditor. The firm stated they would extend necessary cooperation and assistance, including sharing relevant working papers and information as required under applicable professional standards.

New Internal Auditor Appointment

The board simultaneously approved the appointment of M/s K S C A & Associates LLP, Chartered Accountants (FRN No. W101177), as the new Internal Auditor. The appointment takes effect from March 31, 2026, ensuring no gap in the company's internal audit coverage.

Professional Profile

CA Khyati Thapa, a Partner at KSCA & Associates LLP, brings over 15 years of extensive professional experience to the role. She is a distinguished member of the Institute of Chartered Accountants of India (ICAI) with deep expertise across multiple domains of finance and compliance. Her core areas of specialization include Audit and Assurance services, statutory audits and compliance reviews, Internal Audit functions, risk management systems, and operational efficiency enhancement.

Regulatory Compliance

The company has committed to completing all necessary formalities regarding the auditor transition in due course. The board has taken the resignation on record and will comply with all applicable legal and regulatory requirements. The transition ensures continuity in the company's internal audit operations while maintaining compliance with SEBI regulations.

SKY Industries Limited has announced its participation in the upcoming Techtextil 2026 exhibition in Germany, marking another step in the company's international marketing and business development initiatives. The announcement was made through a formal communication to BSE Limited on March 11, 2026.

Exhibition Details

The company will participate in the prestigious Techtextil exhibition with specific booth arrangements and strategic positioning within the venue.

Strategic Business Initiative

SKY Industries Limited has positioned this exhibition participation as a key component of its ongoing marketing and business development strategy. The four-day event in Frankfurt am Main represents an opportunity for the company to showcase its capabilities and engage with international stakeholders in the technical textiles sector.

The company has indicated that details of this participation will also be hosted on its corporate website at www.skycorp.in , ensuring broader visibility and transparency regarding its international business activities.

Corporate Communication

The formal announcement was signed by Maikal Raorani, Whole Time Director & CFO, with DIN: 00037831, and digitally authenticated on March 11, 2026. This participation demonstrates the company's commitment to maintaining an active presence in international trade exhibitions and industry events as part of its broader business development objectives.