sv global mill has appointed M/s. P.B. Vijayaraghavan & Co. as its internal auditors for the financial year 2026-27. The decision was taken by the Board of Directors during a meeting held on July 03, 2026, based on the recommendation of the Audit Committee. This appointment follows the expiry of the tenure of the previous internal auditors, M/s. Kalyanasundaram and Associates, at the conclusion of FY 2025-26.

The new firm, M/s. P.B. Vijayaraghavan & Co., Chartered Accountants, brings extensive experience to the role. Established in 1952, the Chennai-based firm operates with six partners and a team of qualified professionals. Its expertise spans statutory audits, internal audits, tax consultancy, and advisory services, with a track record of auditing banks, public sector undertakings, listed companies, and insurance entities across diverse sectors.

The appointment is effective from July 03, 2026. The firm's registration number is 004721S. The disclosure was made to BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the relevant SEBI Master Circular dated January 30, 2026.

Details of Appointment

S V Global Mill Limited appointed M/s. Senthil Kumar and Sundararajan, Chartered Accountants, as its statutory auditor effective July 03, 2026, to fill the casual vacancy caused by the resignation of M/s. S. Viswanathan LLP. The Board of Directors approved the appointment based on the Audit Committee's recommendation. The new auditor will hold office until the conclusion of the 19th Annual General Meeting and has been recommended for a full five-year term from FY 2026-27 to FY 2030-31, subject to shareholder approval.

The resignation of the previous auditor, M/s. S. Viswanathan LLP, was effective July 03, 2026, and was attributed to increased professional effort and resources required to audit a listed entity of its size. The outgoing firm clarified that the decision was not due to an inability to obtain sufficient appropriate audit evidence or any disputes regarding information suppression by the management. The new firm, founded in 2007 and headquartered in Sivakasi, specializes in various audit disciplines.

Auditor Details

The appointment is subject to the approval of shareholders in the ensuing Annual General Meeting. The company confirmed that the resignation of the previous auditor was not due to any management-imposed limitations. The filing was submitted to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.