SBI Funds Management Limited and SBI Mutual Fund Trustee Company Private Limited have approved the extension of their internal auditor’s term. M/s. Chhajed & Doshi will continue in their role as Internal Auditor for an extended period, from April 1, 2028, through March 31, 2030. This decision was made during a joint board meeting held on October 28, 2026.
Internal Auditor Term Extended
A joint meeting of the Boards of Directors of SBI Funds Management Limited and SBI Mutual Fund Trustee Company Private Limited convened on October 28, 2026. During this meeting, a key decision was made to approve the extension of the term for M/s. Chhajed & Doshi, the company’s Internal Auditor. The extended tenure will commence on April 1, 2028, and conclude on March 31, 2030.
Details of the Extension
The firm, Chhajed & Doshi, is a chartered accountant firm established in 1964. They specialize in Auditing, Taxation, and Advisory Services, serving a diverse clientele across various industries including banking, financial services, NBFC, insurance, manufacturing, telecom, and power. The company highlighted the firm’s demonstrated in-depth experience and a dedicated team of professionals proficient in conducting internal audits. This extension ensures continuity in the company’s internal audit function for the specified period.
Meeting Details
The joint board meeting commenced at 12:45 p.m. IST and concluded at 1:40 p.m. IST on October 28, 2026. The intimation regarding the outcome of this meeting has also been made available on the company’s website, https://sbifunds.com.
Source: BSE
