Master Trust Limited, a prominent financial services company, has announced the re-appointment of M/s. Romesh K. Aggarwal & Associates, Chartered Accountants, as the Internal Auditor of the company for the financial year 2025-26. The announcement was made through a regulatory filing dated 30th May 2025 addressed to both BSE Limited and the National Stock Exchange of India Limited (NSE) in accordance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR).

According to the official communication, the internal audit responsibilities for the company will continue to be handled by the Ludhiana-based firm Romesh K. Aggarwal & Associates, holding Firm Registration Number (FRN): 000711N. The announcement reflects the company's intent to maintain continuity and strengthen its internal financial oversight by retaining an experienced audit firm.

The disclosure also includes Annexure - A, which provides a brief profile of the audit firm. According to the annexure, Romesh K. Aggarwal & Associates is a well-established chartered accountancy firm that delivers a wide array of professional services including:

• Corporate Finance

• Statutory Audits

• Bank Audits

• Internal Audits

• Forensic Audits

• Special Investigative and Transaction Audits

• Backend Accounting

• Outsourcing Services

The firm is headquartered at B XV 1971, G T Road, Miller Ganj, Ludhiana – 141093, and has built a reputation for offering robust audit and financial advisory solutions.

The communication was digitally signed and authorized by Mr. Harjeet Singh Arora, the Managing Director of Master Trust Limited, holding DIN: 00063176.

This reappointment reaffirms the company’s continued focus on internal compliance, transparency, and sound corporate governance practices. Internal auditors play a pivotal role in risk assessment and ensuring that the internal controls of a listed entity are effective and aligned with regulatory standards.

By complying with recent SEBI Master Circulars dated July 11 and July 13, 2023, the company also underscores its commitment to aligning with new procedural transparency mandates around key appointments. The cited circulars require listed companies to provide enhanced disclosures in cases of such appointments and reappointments, ensuring that investors and stakeholders have adequate information.

In keeping with these norms, Master Trust Limited has provided all relevant details and reaffirmed its adherence to SEBI's corporate governance framework. The announcement is expected to reassure shareholders and stakeholders regarding the internal financial integrity of the organization.

Master Trust Limited, listed under Scrip Code: 511768 on the BSE and trading under the symbol MASTERTR on the NSE, is engaged in a variety of financial services including broking, wealth management, and investment advisory. The company operates from its registered office in Ludhiana, Punjab, and has its corporate office at Arunachal Building, Barakhamba Road, New Delhi.

By continuing its partnership with a seasoned auditing firm like Romesh K. Aggarwal & Associates, Master Trust Limited reinforces its commitment to financial discipline, regulatory compliance, and stakeholder confidence.

This re-appointment marks yet another step in the company’s ongoing efforts to maintain stringent internal controls and uphold the highest standards in financial reporting.

The Upcoming IPOs in this week and coming weeks are Ganga Bath Fittings, Victory Electric Vehicles International, Wagons Learning.

The Current active IPO are 3B Films, N R Vandana Tex Industries, Scoda Tubes, Neptune Petrochemicals.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.