Vidya Wires Limited has appointed M/s. Mukund & Rohit, Chartered Accountants, as its Internal Auditors for the financial year 2026-2027. The company’s Board of Directors approved the engagement on August 11, 2026, following a recommendation from the Audit Committee. This appointment ensures compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and aligns with the regulatory framework set out in SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

The appointment is effective from August 11, 2026, covering the period from April 1, 2026, to March 31, 2027. M/s. Mukund & Rohit will conduct the internal audit of the company’s operations and financial controls during this tenure. The firm holds ICAI Registration No. 113375W and is empanelled with the Reserve Bank of India (Unique Code No. 122831) and the Comptroller and Auditor General (Registration No. WR0713). Its peer review certification remains valid until May 31, 2027.

Auditor Profile and Expertise

M/s. Mukund & Rohit is a multi-disciplinary chartered accountancy firm established in 1993 and headquartered in Vadodara. Founded by Mr. Mukund Bakshi and Mr. Rohit Kothari, the firm operates additional offices in Gandhidham, Ahmedabad, and Mumbai. It employs ten partners and over 150 professionals, offering services across taxation advisory, risk and assurance advisory, banking services, management consulting, and compliance outsourcing.

The firm’s internal audit practice spans more than 30 years, covering internal audit, statutory audit, due diligence, operations audit, governance audit, and internal financial control testing. It has served listed entities and public sector undertakings across diverse sectors, including power and electricity utilities, chemicals, pharmaceuticals, textiles, food and beverages, automobiles, and infrastructure.

Regulatory Compliance Details

The appointment was formalized through a board meeting held on August 11, 2026, chaired by Shyamsundar Rath, Chairman and Whole Time Director. The company submitted the intimation to both BSE Limited and the National Stock Exchange of India Limited as required under listing norms. No relationships between the directors and the appointed auditor were disclosed, confirming the independence of the engagement.

This appointment reinforces Vidya Wires Limited’s commitment to robust internal controls and transparent financial reporting. By engaging a firm with extensive experience in auditing listed and PSU entities, the company aims to enhance governance standards and ensure adherence to statutory requirements throughout FY27.

Vidya Wires Limited Board of Directors has appointed M/s. D. G. Bhimani & Associates as its Secretarial Auditor for a term of five consecutive years. The appointment was approved at the board meeting held on August 11, 2026, based on the recommendation of the Audit Committee. The firm will hold office from April 1, 2026, to March 31, 2031, subject to the approval of the company's shareholders.

The intimation was filed pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The filing confirms that the appointment is a new engagement rather than a replacement due to resignation or removal.

M/s. D. G. Bhimani & Associates is a peer-reviewed sole proprietary firm established in 2005 by Mr. Dineshkumar Bhimani. Mr. Bhimani holds Membership No. F-8064 and Certificate of Practice No. 6628. He possesses BBA and LL.B. degrees and brings over 28 years of post-qualification experience in secretarial and legal matters to the role.

The firm provides a comprehensive range of professional services including handling public and rights issues, conducting Annual General Meetings (AGMs) and Extraordinary General Meetings (EGMs), managing board meetings, and performing secretarial audits. It maintains expertise in compliance under SEBI Regulations, Stock Exchange Listing Agreements, the Foreign Exchange Management Act (FEMA), and the Companies Act.

Additional services offered by the firm include acting as a scrutinizer for company and court-convened meetings, maintaining statutory records, and conducting secretarial due diligence for banks and initial public offerings. The firm also handles liaison activities with the Registrar of Companies (ROC), Reserve Bank of India (RBI), National Securities Depository Limited (NSDL), Central Depository Services Limited (CDSL), and Registrar to an Issue (RTA).