Key Decision and Dates
The Board of Directors of Shriram Properties Limited, at their meeting held on July 23, 2026 (commencing at 11:30 A.M. and concluding at 11:55 A.M.), approved the appointment of M/s. Abarna & Ananthan, Chartered Accountants, as the company's new Statutory Auditors.
Replacement Context
This appointment replaces the outgoing auditors M/s. Walker Chandiok & Co LLP, who are being replaced upon completion of their two consecutive terms of appointment in accordance with the Companies Act, 2013.
Term of Appointment
The new auditors are appointed for a term of five consecutive years, to hold office from the conclusion of the 5th Annual General Meeting post IPO until the conclusion of the 10th Annual General Meeting post IPO.
Approval Requirement
The appointment is subject to approval by the shareholders of the Company at the ensuing Annual General Meeting.
New Auditor Profile
M/s. Abarna & Ananthan, Chartered Accountants (Firm Registration no. 000003S) was established in 1987 and is registered with the Institute of Chartered Accountants of India (ICAI). The firm is empaneled with the Comptroller and Auditor General of India (CAG) and the Reserve Bank of India (RBI). Besides assurance functions, they have domain expertise as tax consultants for both direct & indirect taxes especially GST. The firm has 14 partners and operates across three cities—Bengaluru, Chennai, and Mumbai. The firm has significant experience in assurance functions within the real estate sector and for listed companies.
Financial Impact
Financial impact not quantified in the disclosure.