Ambassador Intra Holdings Appoints New Statutory Auditor and Replaces Internal Auditors
Ambassador Intra Holdings Limited announced key changes regarding its audit functions following the outcome of a Board meeting held on June 29, 2026. The company appointed M/s Shivam Soni & Co., Chartered Accountants, as the new statutory auditors, filling a casual vacancy. Additionally, the company noted the resignation of M/s S. Mandawat & Co. and appointed M/s Mitt & Co., Chartered Accountants, as the internal auditor for the financial year 2026-27.The appointment of M/s Shivam Soni & Co. was made to replace M/s Maark & Associates, who resigned from the post. The company confirmed that M/s Shivam Soni & Co., bearing FRN: 152477W, will hold office from June 29, 2026, until the conclusion of the Annual General Meeting pertaining to the Financial Year 2025-26. This new statutory auditor will conduct the audit for the Financial Year 2026-2027.
M/s Shivam Soni & Co., a firm of chartered accountants, has extensive experience in Audit and Assurance, Taxation, regulatory advisory and compliance, and Finance process outsourcing. The company's Board recommended this appointment to be approved by shareholders at the upcoming Annual General Meeting (AGM).
Changes in Internal Auditing Functions
The company also addressed changes related to its internal audit function. M/s S. Mandawat & Co., Chartered Accountants (FRN: 118330W), resigned from the post of Internal Auditor, effective June 29, 2026. M/s S. Mandawat & Co. cited pre-occupation in other assignments as the reason for resignation.In response to these changes, M/s Mitt & Co., Chartered Accountants (FRN: 165023W), was appointed as the internal auditor of Ambassador Intra Holdings Limited for the financial year 2026-27. M/s Mitt & Co. is a firm that provides services including Audit and Assurance, Taxation, Regulatory Advisory & Compliance, and Finance Process Outsourcing.
The details regarding the appointments and resignations are summarized in the following tables:
Statutory Auditor Appointment Details
| Sr. No | Particulars | Description |
|---|---|---|
| 1. | Name of Statutory Auditor | M/s Shivam Soni & Co., Chartered Accountants (FRN: 152477W) |
| 2. | Reason for change | Appointment to fill the casual vacancy caused due to the Resignation of M/s Maark & Associates, Chartered Accountants (FRN: 145153W). The appointment extends until the conclusion of the AGM for FY 2025-26 and covers the Statutory Audit for FY 2026 - 2027. |
| 3. | Date of appointment & term | From June 29, 2026 till the Conclusion of Annual General Meeting (AGM) Pertaining to the Year 2025-26. |
| 4. | Brief Profile | M/s. Shivam Soni & Co. has rendered professional services including Audit & Assurance, Taxation, regulatory advisory & compliance, and Finance process outsourcing over the years. |
Internal Auditor Resignation Details
| Sr. No | Particulars | Description |
|---|---|---|
| 1. | Name of Internal Auditor & FRN | M/s S. Mandawat & Co., Chartered Accountants (FRN: 118330W) |
| 2. | Reason for change | Resigned due to pre occupation in other assignments. |
| 3. | Date of Resignation | June 29, 2026. |
Internal Auditor Appointment Details
| Sr. No. | Particular | Description |
|---|---|---|
| 1. | Reason for change | Appointment of M/S Mitt & Co., Chartered Accountants (FRN: 165023W). |
| 2. | Date and term of appointment | Date of Appointment is June 29, 2026. Term of appointment is the Financial Year 2026 - 27. |
| 3. | Brief profile | M/S Mitt & Co. provides services including Audit & Assurance, Taxation, Regulatory Advisory & Compliance, and Finance Process Outsourcing. |
Stock Price Movement
As of 14:23, shares of Ambassador Intra Holdings Ltd are edging higher at ₹30.97, marking a strong jump of 4.98%. The stock has shown significant movement in the market, trading within an intraday range between a low of ₹29.50 and its current high of ₹30.97.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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