Skyline Ventures India announced significant appointments following its board meeting held on January 09, 2026, focusing on strengthening its audit and compliance framework through the appointment of specialized forensic and secretarial auditors.

Forensic Auditor Appointment

The board appointed M/s. Sarath and Associates, Chartered Accountants (FRN: 005120S) as the company's forensic auditors. The appointment aims to conduct comprehensive forensic examination covering financial transactions, periodical statutory compliances, potential fund diversions, and any acts of misappropriation against the company.

Sarath and Associates brings extensive experience with its main office in Hyderabad and branches across New Delhi, Mumbai, Chennai, Bangalore, and Vijayawada. The firm has conducted forensic audits for public and private sector banks, SEBI, Economic Offences Wing of state police departments, CBI, resolution professionals, and corporate clients. Notably, founder partner Mr. P. Sarath Kumar was a member of the Multi-Disciplinary Investigation Team that investigated the Satyam Computers fraud case.

Secretarial Auditor Appointment

The company also appointed M/s. GVR and Associates, Practicing Company Secretaries (FRN: P2016TL056400) as secretarial auditors for a five-year term from 2025-26 to 2029-30, ensuring compliance with Regulation 24A of SEBI LODR, 2015.

GVR and Associates specializes in corporate secretarial compliances, corporate law, FEMA/RBI matters, and Insolvency and Bankruptcy Code (IBC) matters. The firm's founder partner, Mr. Venka Reddy Bathina, is a senior Insolvency Professional with over 23 years of experience in corporate advisory, insolvency, and restructuring, particularly in real estate and infrastructure sectors.

Additional Board Authorizations

The board meeting, which commenced at 1:30 PM and concluded at 3:25 PM, also approved several operational authorizations:

• Authorization to collect information, documents, and login credentials from previous board of directors and management
• Grant of authorization for filing necessary forms, returns, and documents with Registrar of Companies, GST, Income Tax, and other statutory authorities
• Authorization for directors to engage and appoint legal counsel to represent and defend the company before appropriate legal forums

Both appointed firms confirmed no relationships with the company's directors, ensuring independence in their respective audit functions. These appointments reflect the company's commitment to strengthening its governance and compliance framework through specialized audit expertise.

Skyline Ventures India Limited's Board of Directors made significant appointments during its meeting on January 09, 2026, focusing on strengthening the company's audit and compliance framework. The board approved the appointment of forensic auditors and secretarial auditors while authorizing various administrative measures to enhance corporate governance.

Forensic Auditor Appointment

The board appointed M/s. Sarath and Associates, Chartered Accountants (FRN: 005120S) as forensic auditors to undertake comprehensive examination of the company's operations. The forensic audit will focus on several critical areas:

About the Forensic Audit Firm

Sarath and Associates brings substantial expertise to this engagement, having been established in 1990 by founder partner Sri P. Sarath Kumar. The firm operates with its main office in Hyderabad and maintains branches across New Delhi, Mumbai, Chennai, Bangalore, and Vijayawada.

The firm's credentials include:

• Experience: 35 years in chartered accountancy practice
• Specialization: Forensic accounting and investigation matters
• Client Base: Public and private sector banks, SEBI, Economic Offences Wing of state police departments, CBI, resolution professionals, and corporate clients
• Notable Work: Founder partner participated in the Multi-Disciplinary Investigation Team for the Satyam Computers fraud case

The firm has conducted statutory audits of approximately 140 companies and various government entities, developing expertise across project financing, tax planning, systems and procedures study, and techno-economic consultancy.

Secretarial Auditor Appointment

The board also appointed M/s. GVR and Associates, Practicing Company Secretaries (FRN: P2016TL056400) as secretarial auditors for a five-year term from 2025-26 to 2029-30, ensuring compliance with Regulation 24A of SEBI LODR, 2015.

GVR and Associates specializes in corporate secretarial compliances, corporate law, FEMA/RBI matters, and Insolvency and Bankruptcy Code (IBC) issues. The firm's founder partner, Mr. Venka Reddy Bathina, is a senior Insolvency Professional with over 23 years of experience in corporate advisory, insolvency, and restructuring, particularly in real estate and infrastructure sectors.

Additional Board Authorizations

The board granted several important authorizations to facilitate smooth operations:

• Information Collection: Authority to collect information, documents, and login credentials from previous board of directors and management
• Statutory Compliance: Authorization to file necessary forms, returns, and documents with Registrar of Companies, GST, Income Tax, and other statutory authorities
• Legal Representation: Permission to engage and appoint legal counsel to represent and defend the company before appropriate legal forums

The board meeting commenced at 1:30 PM and concluded at 3:25 PM on January 09, 2026. These appointments and authorizations demonstrate the company's commitment to strengthening its governance framework and ensuring comprehensive compliance with regulatory requirements.