The Board of Directors of Heritage Foods Limited, following recommendations from the Audit Committee, approved the appointment and renewal of fourteen Chartered Accountant firms to serve as the company’s Internal Auditors for the financial year 2026-27. The meeting, held on March 17, 2026, confirmed these appointments, effective April 01, 2026, covering various geographical regions across India where the company operates.
Board Outcome: Internal Auditor Appointments for FY 2026-27
Heritage Foods Limited announced the outcome of its Board of Directors meeting held on March 17, 2026. The Board considered and approved the appointment or renewal of appointment for fourteen Chartered Accountant firms to act as Internal Auditors for the financial year 2026-27, based on the recommendations received from the Audit Committee. All appointments are effective from April 01, 2026.
The Board meeting commenced at 02:30 PM (IST) and concluded at 3:30 PM (IST).
Panel of Approved Internal Auditors and Jurisdictions
The fourteen firms appointed will cover specific geographical clusters for internal audit functions:
- M/s. Brahmayya & Co. (Bengaluru): Locations near Head Office.
- M/s. Gattamaneni & Co. (Hyderabad): Locations near Hyderabad, Vijayawada, and North Karnataka.
- M/s. Satyanarayana & Sushil (Visakhapatnam): Locations near Vishakhapatnam and Odisha.
- M/s. Rama Subba Rao & Co. (Rajamahendravaram): Locations near Rajamahendravaram and Vijayawada.
- M/s. SSAL & Associates (Madurai): Locations near Krishnagiri.
- M/s. NRT & Associates (Chennai): Locations near Chennai.
- M/s. Murali & Venkat (Bengaluru): Locations near Bengaluru.
- M/s. Punnaiah & Co. (Guntur): Locations near Guntur and Vijayawada.
- M/s. Ajit M. Joshi & Associates (Kolhapur): Locations near Sangvi.
- M/s. SCJY & Associates (Hyderabad): Locations near Anantapur Tirupati and Guntur.
- M/s. Raju & Prasad (Hyderabad): Locations near Tirupati & Krishnagiri.
- M/s. P Praveen Associates (Nellore): Locations near Nellore.
- M/s. GMJ & Co. (Mumbai): Locations near Mumbai.
- M/s. Gupta Dua & Co. (New Delhi): Locations near New Delhi.
Firm Profiles and Expertise Highlights
The listed firms specialize in a wide array of services, indicating a robust internal audit framework for Heritage Foods. Expertise highlighted across the various firms includes:
- Assurance and Audit: Covering Statutory Audit, Internal Audit, Bank Audit, and Stock Audit.
- Taxation: Services in Direct and Indirect Tax Consultancy.
- Advisory Services: Including Risk Advisory, Management Consultancy, Corporate Advisory, and Financial Planning.
- Compliance: Expertise in Regulatory Compliance, Company Law, and Corporate Governance matters.
For all appointments detailed in Annexure-A, the disclosure confirmed that there were no relationships between the directors of the company and the appointed auditors.
Source: BSE
