Key Event Details
M/s S. R. Batliboi & Associates LLP, Chartered Accountants, the present Statutory Auditors of the Company, will complete their second consecutive term and cease to hold office upon the conclusion of the 44th Annual General Meeting (AGM) of the Company, proposed to be held in the calendar year 2027.
Board Decision
The Board of Directors of the Company, based on recommendation of the Audit Committee, at its meeting held on October 27, 2026, approved and recommended the appointment of M/s Price Waterhouse Chartered Accountants LLP (FRN: 012754N/N500016) as the Statutory Auditors of the Company.
Appointment Terms
The proposed appointment is for a term of five consecutive years, from the conclusion of the 44th AGM (proposed in calendar year 2027) until the conclusion of the 49th AGM (proposed in calendar year 2032).
Approval Requirements
The appointment is subject to the approval of the shareholders at the 44th AGM and fulfilment of applicable statutory and regulatory requirements.
Transition Arrangements
M/s S. R. Batliboi & Associates LLP will continue to undertake the audit of the Company until the conclusion of the 44th AGM to be held in the year 2027.
Board Meeting Details
The Board Meeting commenced at 2.01 p.m. (IST) and concluded at 4.07 p.m. (IST) on October 27, 2026.
Proposed Auditor Profile
Price Waterhouse Chartered Accountants LLP has Firm Registration No. 012754N/N500016 and was established in 1991 (converted to LLP in 2014). The firm has its registered office at Sucheta Bhawan, 11A Vishnu Digambar Marg, New Delhi - 110 002 with seventeen branch offices across India. The firm has more than 120 Assurance Partners as of April 1, 2026, holds a valid peer review certificate, and audits various companies listed on Indian stock exchanges. The firm is a member of Price Waterhouse & Affiliates network (Network Registration No. NRN/E/14).
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