Sky Gold and Diamonds Limited has officially announced the appointment of M/s. M S K A & Associates LLP as its new statutory auditors. This appointment, effective from May 9, 2026, follows the resignation of the former audit firm, V J Shah & Co. The change in auditors applies to both the parent company and its wholly owned subsidiaries, ensuring consistent financial oversight across the entire group until the conclusion of the upcoming annual general meeting.
Leadership Transition in Auditing
Following a recent board meeting held on May 9, 2026, Sky Gold and Diamonds Limited has moved to appoint M S K A & Associates LLP as its statutory auditor. This transition was initiated to fill the casual vacancy resulting from the resignation of the previous auditors, V J Shah & Co. The appointment will remain in effect until the conclusion of the company’s annual general meeting for the 2025–26 financial year, pending approval from shareholders.
Group-Wide Audit Alignment
The decision to appoint M S K A & Associates LLP extends beyond the parent company. The boards of directors for the group’s wholly owned material subsidiaries—Starmangalsutra Private Limited and Sparkling Chains Private Limited—as well as Speed Bangle Private Limited, have also confirmed the appointment of the same firm as their respective statutory auditors. This alignment ensures a streamlined approach to auditing and financial reporting across the group’s entities.
About the New Audit Firm
Founded in 1978, M S K A & Associates LLP is a prominent Indian limited liability partnership firm registered with the Institute of Chartered Accountants of India. With a presence in 12 major cities across the country, the firm brings extensive experience in providing audit, assurance, and advisory services. They possess a valid peer review certificate and are also registered with the US Public Company Accountancy Oversight Board, reflecting their capability to handle diverse financial requirements across multiple industries and geographies.
Source: BSE
