News Stocks Arshiya Limited Appoints M/s. Anupam Parashar & Co. as Internal Auditor for Three Financial YearsArshiya Limited Appoints M/s. Anupam Parashar & Co. as Internal Auditor for Three Financial Years
Arshiya Limited's Resolution Professional Mr. Pankaj Mahajan has appointed M/s. Anupam Parashar & Co., Chartered Accountants (FRN: 023779C), as Internal Auditor for financial years 2023-24, 2024-25, and 2025-26. The appointment was made on February 25, 2026, during the company's ongoing Corporate Insolvency Resolution Process to ensure statutory compliance and maintain internal financial controls. The chartered accountancy firm will conduct separate internal audits for each financial year and submit individual reports, with the appointment requiring ratification from the Committee of Creditors.
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Arshiya Limited has announced the appointment of M/s. Anupam Parashar & Co., Chartered Accountants, as its Internal Auditor for three consecutive financial years. The appointment was made by the company's Resolution Professional as part of ongoing compliance requirements during the Corporate Insolvency Resolution Process.
Appointment Details
The Resolution Professional of the Company, Mr. Pankaj Mahajan, appointed M/s. Anupam Parashar & Co., Chartered Accountants (FRN: 023779C), as the Internal Auditor on February 25, 2026. The appointment covers three distinct periods:
| Financial Year | Status | Purpose |
|---|---|---|
| 2023-24 | Appointment | Initial appointment for internal audit services |
| 2024-25 | Re-appointment | Continuation of internal audit services |
| 2025-26 | Re-appointment | Extended internal audit services |
Auditor Profile and Services
M/s. Anupam Parashar & Co. is a comprehensive chartered accountancy firm providing diverse professional services. The firm's office is located at 6/11, Sector 6, Vaishali, Ghaziabad, Uttar Pradesh, 201010.
Service Portfolio:
- Audit services
- Taxation (Direct & Indirect)
- GST compliance
- Accounting & Bookkeeping
- Company Law matters
- Valuation services
- Financial Projections
- Risk Advisory
- Fund Management
The firm serves listed companies, large corporates, foreign entities, and individuals across diverse industries, with a focus on compliance, risk mitigation, and client-centric solutions.
Regulatory Compliance and Authority
The appointment and remuneration were approved by the Resolution Professional in exercise of the powers of the Board of Directors, which presently stand suspended under Sections 17 and 23 of the Insolvency and Bankruptcy Code, 2016. This measure ensures statutory compliance and maintenance of adequate internal financial controls during the Corporate Insolvency Resolution Process period.
The firm will conduct internal audits for each of the specified financial years and submit Individual Internal Audit Reports for the respective years. The appointment details will be placed before the Committee of Creditors in the forthcoming meeting for information and ratification as required.
Corporate Insolvency Resolution Process Status
Arshiya Limited is currently operating under Corporate Insolvency Resolution Process, with Mr. Pankaj Mahajan serving as the Resolution Professional. His IBBI Registration Number is IBBI/IPA-001/IP-P00836/2017-2018/11420, with AFA Details: AA1/11420/02/311226/108808 valid until December 31, 2026.
The company disclosed this information pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stock exchanges and stakeholders during the resolution process.
