Kalpataru Limited has officially announced the appointment of Nilesh Khandelwal as its new Internal Auditor, effective November 10, 2025. This decision comes after the Board of Directors convened and approved the change based on the recommendations from the Audit Committee. Khandelwal will take over the responsibilities from Swati Doshi, with his tenure commencing on October 1, 2025. This change aligns with a re-alignment of roles within the Group Assurance Department, emphasizing the company's commitment to effective governance and internal controls.

Nilesh Khandelwal brings a wealth of experience to the role, boasting over 25 years in Internal Audit and Risk Management. His previous work includes significant positions at well-known organizations such as Lodha, RSM India, and Future Group. Khandelwal's expertise lies in audit strategy, governance, compliance, and risk mitigation, making him well-suited to enhance Kalpataru's operational efficiency. His passion for transparency and data-driven insights has consistently led to improved performance and profitability in his past roles, demonstrating his ability to partner effectively with leadership teams.

The company has made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency and proper communication with stakeholders. Additional details surrounding Khandelwal's appointment and qualifications can be found on Kalpataru's official website. As the company moves forward with this strategic change, it aims to fortify its internal audit processes and maintain robust governance practices in a dynamic market environment.