Pursuant to Regulation 30 of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Shakti Pumps (India) has informed that the Company has appointed EY LLP India as a co-sourced Internal Auditor. EY will be reviewing its key processes of the organisation and identifying any improvements, if required in processes or controls. This reviewing process will help in strengthening the monitoring and governance of its key processes and also identify opportunities for automation.
The above information is a part of company’s filings submitted to BSE.