The Sandur Manganese & Iron Ores Limited has officially announced the appointment of Ernst & Young LLP as its new Internal Auditor. This strategic decision was finalized during the Board of Directors meeting held on 7 May 2026. The firm will oversee the company’s internal audit requirements for the financial year 2026-27, effective from 1 April 2026 through 31 March 2027.
Strengthening Internal Audit Framework
Following a recommendation from the Audit Committee, the Board of Directors of The Sandur Manganese & Iron Ores Limited has approved the appointment of Ernst & Young LLP (Firm Registration No. AAB-4343) as the Internal Auditor. The appointment was formalised at the company’s 384th board meeting, which took place on 7 May 2026.
Appointment Details
The engagement of Ernst & Young LLP covers the entirety of the 2026-27 financial year. The firm is tasked with providing professional services to support the company in managing risk, enhancing operational performance, ensuring regulatory compliance, and assisting with business transformations.
Term of Engagement
The appointment spans a period from 1 April 2026 to 31 March 2027. The company has confirmed that there are no material relationships between the newly appointed audit firm and the existing members of the Board of Directors.
Source: BSE
