Vikran Engineering Limited Formally Appoints RSM Astute as Internal Auditor
Vikran Engineering Limited has formally communicated to BSE and NSE the appointment of RSM Astute Consulting Private Limited as Internal Auditor for a three-year term from January 2026 to March 2029. The regulatory filing provides complete appointment details including the firm's credentials as a top-tier audit and consulting firm with over 3,000 professionals across 14 cities in India.
*this image is generated using AI for illustrative purposes only.
Vikran Engineering Limited has formally notified stock exchanges about the appointment of RSM Astute Consulting Private Limited as its Internal Auditor for a comprehensive three-year term. The appointment was approved by the Board of Directors on 16th April 2026, with the formal intimation sent to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Internal Auditor Appointment Details
The company has provided comprehensive details of the appointment in its regulatory filing to stock exchanges.
| Parameter: | Details |
|---|---|
| Auditor Name: | RSM Astute Consulting Private Limited |
| Appointment Date: | 16th April 2026 |
| Term Period: | 1st January 2026 to 31st March 2029 |
| Reason for Change: | Appointment of RSM Astute Consulting Private Limited as Internal Auditor |
| Relationship Status: | Not related to any Director or Key Managerial Personnel |
About RSM Astute Consulting
RSM Astute Consulting Private Limited, operating as RSM India, brings significant expertise to the role. The firm has been a member of RSM International since 1996 and ranks among India's top 6-7 audit, tax, and consulting firms. With a strong pan-India presence across 14 cities and over 3,000 professionals, RSM India operates a robust Internal Audit & Risk Advisory Services practice featuring over 1,050 professionals with expertise in IT assurance, forensics, ESG, and analytics.
Nodal Officer Appointments
The board had previously designated two key officers to handle Investor Education and Protection Fund Authority coordination and claims verification processes.
| Position: | Nodal Officer | Deputy Nodal Officer |
|---|---|---|
| Name: | Ms. Kajal Rakholiya | Ms. Preeti Deshmukh |
| Designation: | Company Secretary and Compliance Officer | Assistant Company Secretary |
| Effective Date: | 16th April 2026 | 16th April 2026 |
| Email: | kajal.rakholiya@vikrangroup.com | companysecretary@vikrangroup.com |
| Contact: | 022-68693263 | 022-68693263 |
Both officers are based at the company's address: B-2 & B-3, B Wing, 3rd Floor, Ashar IT Park, Road No. 16-Z, Wagle Industrial Estate, Thane, Maharashtra, India - 400604.
Regulatory Compliance
The formal intimation was signed by Ms. Kajal Rakholiya, Company Secretary and Compliance Officer, and submitted to both BSE Limited (Scrip Code: 544496) and National Stock Exchange of India Limited (Scrip Symbol: VIKRAN). The appointment aligns with the company's commitment to maintaining robust internal audit mechanisms and regulatory compliance standards.
Historical Stock Returns for Vikran Engineering
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.70% | +6.71% | +16.65% | -29.13% | -26.73% | -26.73% |
What specific operational improvements or risk management enhancements might Vikran Engineering expect from RSM's specialized IT assurance and analytics capabilities?
How could RSM's ESG expertise influence Vikran Engineering's sustainability reporting and compliance strategy over the three-year audit term?
Will the appointment of a top-tier internal auditor like RSM signal Vikran Engineering's preparation for potential expansion or acquisition activities?
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