In a move aimed at tightening governance and strengthening risk oversight, PNGS Reva Diamonds Jewellery Limited announced on March 13, 2026 that the Board, based on the Audit Committee’s recommendation, has approved the appointment of M/s. Khandelwal Jain & Associates, Chartered Accountants, as the company’s Internal Auditor for the financial year 2025-26 and onwards. The appointment signals a renewed focus on robust internal controls as the company powers through its current and upcoming financial cycle.
M/s. Khandelwal Jain & Associates is described in the filing as a long-established Pune-based firm offering Audit, Tax, Advisory and Regulatory services across various industries. The firm’s profile emphasizes deep experience and a culture of high professional standards, with teams that bring a broad understanding of India’s regulatory, tax and accounting environment to tackle business challenges. This background positions the new internal audit function to provide independent oversight across PNGS Reva’s operations.
The announcement was signed by Kirti Vaidya, Company Secretary & Compliance Officer, underscoring the governance framework around the transition. While the appointment is an internal audit function rather than a board-level change, it underscores PNGS Reva’s commitment to strengthening governance and risk management through enhanced internal assurance. As companies navigate evolving regulatory expectations, this move reflects a broader emphasis on robust internal controls and proactive risk mitigation within the organization.