SunGarner appoints M/s Kumar Abhay & Associates as Internal Auditor

1 min read     Updated on 19 May 2026, 08:54 PM
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SunGarner Energies Limited's Board of Directors appointed M/s Kumar Abhay & Associates as Internal Auditor for the financial year 2025-2026 on May 18, 2026. The firm, a Chartered Accountant entity with FRN 028540C, brings expertise in auditing and risk management. The appointment complies with Section 138 of the Companies Act, 2013, and Regulation 30 of SEBI LODR Regulations.

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SunGarner Energies Limited has appointed M/s Kumar Abhay & Associates as its Internal Auditor for the financial year 2025-2026. The decision was taken by the Board of Directors at a meeting held on May 18, 2026, at the company's Registered Office in New Delhi. The appointment is pursuant to Section 138 of the Companies Act, 2013.

Appointment Details

The newly appointed firm, M/s Kumar Abhay & Associates, is a firm of Chartered Accountants. The company stated that the firm possesses rich experience in auditing, financial analysis, and risk management. Their expertise includes a deep understanding of regulatory frameworks and industry standards, which will aid in assessing internal controls and identifying operational risks.

The Board meeting commenced at 5:00 P.M. and concluded at 5:30 P.M. The disclosure regarding this appointment has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Information

Particulars Details
Appointee M/s Kumar Abhay & Associates, Chartered Accountants
Firm Registration Number (FRN) 028540C
Date of Appointment 18th May, 2026
Tenure Financial Year 2025-2026
Relationship with Directors Not Applicable

Historical Stock Returns for Sungarner Energies

1 Day5 Days1 Month6 Months1 Year5 Years
-1.97%+0.26%+14.31%-14.76%-35.62%-25.27%

How might M/s Kumar Abhay & Associates' findings on internal controls influence SunGarner Energies' operational strategy and risk management framework for FY 2025-2026?

Could the appointment of a new internal auditor signal upcoming changes in SunGarner Energies' financial reporting practices or corporate governance structure?

What specific operational risks in the renewable energy sector might the new internal auditor prioritize given the current regulatory environment in India?

1 Year Returns:-35.62%