Sky Gold and Diamonds appoints a new internal auditor after the previous one resigns

Sky Gold and Diamonds Limited has told the exchanges that its board, at a meeting held on 16 Oct 2026, approved a change of internal auditor. Ms. Aasna Shah ceased to be the company’s Internal Auditor with effect from 16 Oct 2026, and M/s Doshi Jain & Co., Chartered Accountants, were appointed in her place from the same date.

The filing says Ms. Shah resigned because of a change in her professional responsibilities within the organisation, and that the company received her intimation on 15 Oct 2026 at 4:30 PM. The board made the appointment on the recommendation of its Audit Committee.

The company describes Doshi Jain & Co. (FRN 141851W) as a business consulting and risk advisory firm established in 2015, with experience in risk-based internal audit, internal financial controls, process improvement and compliance advisory. It says the firm has five partners and over 150 professionals.

The board meeting began at 4:00 PM IST and ended at 4:15 PM IST.

Inference

The filing records a routine change in a control function. The internal auditor reviews the company’s processes and controls, and the board made the new appointment on the Audit Committee’s recommendation, so there is a defined process behind the change.

The previous auditor’s resignation is attributed to a change in her professional responsibilities, and the filing does not suggest any other reason. The filing does not say whether the scope or the fees of the internal audit change with the new firm. Investors who follow governance may want to see how the internal audit is described in later annual reports.