
U.Y. Fincorp Limited Appoints New Internal and Statutory Auditors
U.Y. Fincorp Ltd, formerly known as Golden'Goenka Fincorp Limited, confirmed the appointment of new chartered accountants during a Board meeting held on July 24, 2026. The company moved to appoint both an internal auditor and statutory auditors to fill casual vacancies following resignations by previously appointed firms.The Board meeting considered and approved the engagement of M/s Seth and Associates as the Internal Auditor for the company. This appointment is set to begin on July 24, 2026, for the financial year 2026-27. The selection was made based on the recommendation of the Audit Committee and fills a vacancy caused by the resignation of M/s R K Lodha & Associates.
Additionally, Mls. Praveen K Srivastava & Co has been appointed as the statutory auditors of U.Y. Fincorp Ltd. This appointment is effective from July 24, 2026, subject to the conclusion of the ensuing Annual General Meeting. The decision followed a recommendation by the Audit Committee and replaces M/s B. Nath & Co., who had resigned from the post.
Auditor Appointment Details
The appointments address vacancies in both internal and statutory audit capacities:| Role | Appointing Firm | Replacing Firm | Effective Date / Term |
|---|---|---|---|
| Internal Auditor | M/s Seth and Associates (Firm Registration No. 001167c) | M/s R K Lodha & Associates | July 24, 2026, for FY 2026-27 |
| Statutory Auditors | Mls. Praveen K Srivastava & Co (Firm Registration No. 013251C) | M/s B. Nath & Co. | July 24, 2026, subject to AGM approval |
The firms appointed possess extensive profiles and have committed to providing professional services across various client segments. M/s Seth and Associates aims to provide clients with timely and accurate solutions, focusing on guiding their wealth creation within legal boundaries. Similarly, Praveen K. Srivastava & Co is a firm established in 2005 that offers comprehensive professional services and operates from offices in Lucknow, Ghaziabad, Prayagraj, and Raipur.
UYFINCORP Stock Price Movement
U. Y. Fincorp Limited’s shares shed 3.22% in today's trading session, settling at ₹18.57. The stock traded through an intraday low of ₹18.22 amid a volume totaling 423,697 shares.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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