Key Decision
The Board of Directors at its meeting held on October 29, 2026, approved the appointment of BSR & Co. LLP, Chartered Accountants (ICAI Firm Registration No.: 101248W/W-100022) as the Statutory Auditor of the company.
Meeting Details
The Board meeting commenced at 5:30 p.m. (IST) and concluded at 7:15 p.m. (IST) on October 29, 2026.
Appointment Details
The appointment is for a term of five consecutive years, commencing from the conclusion of the 44th Annual General Meeting until the conclusion of the 49th Annual General Meeting. The appointment is subject to approval of the members (shareholders).
Current Auditor Status
Price Waterhouse Chartered Accountants LLP (ICAI Firm Registration No.: 012754N/N500016), the current Statutory Auditor, will continue to undertake the audit of the Company until the conclusion of the 44th Annual General Meeting. This marks the completion of their second consecutive term of 5 years.
Recommendation Basis
The appointment was based on the recommendation of the Audit Committee of the company.
New Auditor Profile
BSR & Co. was constituted on 27th March, 1990 as a partnership firm and was converted into limited liability partnership (BSR & Co. LLP) on 14th October, 2013. The firm's registration number is 101248W/W-100022. The registered office is at 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Centre, Western Express Highway, Goregaon (East), Mumbai- 400063. BSR & Co. LLP is a member entity of BSR & Affiliates, a network registered with the Institute of Chartered Accountants of India. The firm has over 4,000 staff and 170+ Partners with offices across 14 locations. The firm audits various companies listed on stock exchanges in India including companies in the textile industrial sector.
Financial Impact
Financial impact not quantified in the disclosure.