National News
Sky Gold and Diamonds Appoints MSKA & Associates To Strengthen Governance
The Move Marks A Significant Step In The Company’s Ongoing Journey Towards Strengthening Corporate Governance
Sky Gold and Diamonds Limited has appointed M/s M S K A & Associates LLP, Chartered Accountants, a member firm of BDO International, as the Statutory Auditors of the Company and its material subsidiaries, subject to shareholders’ approval. The appointment has been approved by the Board of Directors following the recommendation of the Audit Committee.
The move marks a significant step in the Company’s ongoing journey towards strengthening corporate governance, institutionalising processes, and enhancing transparency across the organisation as it continues to scale its operations and expand its presence within the jewellery sector.
Commenting on the development, Mangesh Chauhan, Managing Director, Sky Gold and Diamonds said:
“As Sky Gold enters its next phase of growth, strengthening governance standards and building a robust institutional framework remain key priorities for the Company. The appointment of MSKA & Associates LLP, Chartered Accountants, a member firm of BDO International, reflects our commitment towards adopting global best practices in financial reporting, compliance, and governance. We believe this step will further enhance stakeholder confidence and support the Company’s long-term growth vision, as we continually aspire to build an organisation that serves as the benchmark for excellence in corporate governance.”
National News
Gold Gains Rs 85 On MCX; Silver Jumps Rs 2,033 On Softer US Inflation Data
Gold Recovered After Opening On A Weak Note, While Silver Extended Its Gains. In International Markets, Gold Eased After Opening Firm, Whereas Silver Continued To Trade Higher.
Gold and silver futures traded higher in the domestic market on Monday, supported by softer US inflation data, declining crude oil prices and easing expectations of further interest-rate hikes by the US Federal Reserve.
Gold recovered after opening on a weak note, while silver extended its gains. In international markets, gold eased after opening firm, whereas silver continued to trade higher.
On the Multi Commodity Exchange (MCX), the benchmark October gold contract opened at Rs 1,51,793 per 10 grams, down Rs 27 from its previous close of Rs 1,51,820. The contract later recovered and was trading at Rs 1,51,905 per 10 grams, up Rs 85. During the session, it touched a high of Rs 1,51,947 and a low of Rs 1,51,461.
Silver futures opened higher, with the benchmark September contract starting at Rs 2,31,799 per kg, up Rs 333 from the previous close of Rs 2,31,466. The contract subsequently climbed to Rs 2,33,499 per kg, recording a gain of Rs 2,033. It touched an intraday high of Rs 2,33,618 and a low of Rs 2,31,660.
In the global market, gold was trading near $4,400 per ounce on Comex, while silver was quoted at around $63.70 per ounce.
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National News4 hours agoSky Gold and Diamonds Begins FY27 On A Strong Note; Revenue Rises 78% YoY To Rs 2,012.8 Crore, PAT Grows ~2.4x To Rs 104.9 Crore; Operations Turn Cash Flow Positive
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New Premises2 hours agoPNG Launches The Flagship Store Of YOOU, A Brand Around Evolving Identities Of Modern Women
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International News4 hours agoPayrolls Shock Reshapes Fed Bets, Sends Bullion Sharply Higher AUGMONT BULLION REPORT
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National News3 hours agoGold Gains Rs 85 On MCX; Silver Jumps Rs 2,033 On Softer US Inflation Data
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