Universal Starch Chem appoints Phatak Joshi & Co as internal auditor
Universal Starch Chem Allied Ltd appointed M/s. Phatak Joshi & Co as internal auditor for FY 2026-27 effective May 27, 2026, to comply with the Companies Act, 2013.
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universal starch chem has appointed M/s. Phatak Joshi & Co as its internal auditor for FY 2026-27. The appointment was approved during a board meeting held on May 27, 2026, and is effective from the same date. This decision aligns with the company's compliance requirements under the Companies Act, 2013, and the rules made thereunder.
The firm brings extensive experience in the internal audit field to the role. The disclosure was submitted to the Bombay Stock Exchange pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
Appointment Details
| Sr. No. | Particulars | Details |
|---|---|---|
| 1. | Name of Internal Auditor | M/s. Phatak Joshi & Co. |
| 2. | Date of Appointment | 27.05.2026 |
| 3. | Reason for Change | To comply with the provisions of the Companies Act, 2013 and rules made thereunder |
| 4. | Profile | Phatak Joshi & Co Firm having rich experience in Internal Audit Field |
Historical Stock Returns for Universal Starch Chem
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +19.98% | +27.91% | +29.25% | +49.71% | +16.00% | +100.16% |
Will the appointment of M/s. Phatak Joshi & Co lead to any changes in Universal Starch Chem's internal audit processes or compliance strategies?
How might this new audit engagement impact Universal Starch Chem's operational efficiency or cost structure in FY 2026-27?
Could this appointment signal a broader shift in the company's governance or risk management practices?
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