Ajax Engineering Limited has signaled a shift in its governance oversight by appointing PKF Sridhar & Santhanam LLP as its internal auditors for the 2026-27 financial year. The move follows the completion of the tenure of the prior internal auditor, PwC Private Limited, on March 31, 2026. The decision was taken at a board meeting on July 5, 2026, following a recommendation from the Audit Committee, and will see the new firm take on the role for the upcoming financial year.
PKF Sridhar & Santhanam LLP, described in the filing as one of India’s leading professional services firms and a member of the PKF global network, brings a broad footprint and a data-driven approach to risk assessment. The firm’s profile highlights a presence of multiple offices across India and abroad, a substantial partner-and-professional base, and an emphasis on AI-enabled audit and advisory services, aligning with Ajax’s emphasis on strengthening internal controls.
The appointment is effective from June 2, 2026, and forms part of Ajax’s ongoing governance enhancements as it navigates growth and market competition. The change underscores the company’s commitment to robust risk management and independent assurance over its processes, controls, and compliance framework—an area closely watched by management, investors, and stakeholders alike.
The notice was signed by Shruti Vishwanath Shetty, Ajax Engineering Limited’s Company Secretary and Compliance Officer, reinforcing the governance‑forward stance the company is pursuing as it transitions to a new internal audit partner for the year ahead.