Company Disclosure
Tube Investments of India Limited (CIN: 135100TN2008P1C069496) submitted a disclosure to National Stock Exchange of India Limited (NSE Symbol: TIINDIA) and BSE Limited (Security Code: 540762) on 30th July 2026 under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Nature of Event
Resignation of Statutory Auditors of material subsidiary TI Clean Mobility Private Limited (TICMPL).
Key Details
- M/s. Sundaram & Srinivasan, Chartered Accountants (Firm Registration No: 0042075) resigned as Statutory Auditors of TICMPL
- Effective date: Conclusion of 5th AGM of TICMPL held on 30th July 2026
- Reason: To enable TICMPL to have common auditor with Tube Investments of India Limited for uniformity in audit process, practices and procedures in finalisation of accounts
Auditor Tenure History
- Original appointment date: 24th June 2022 (at 1st AGM)
- Original term: From conclusion of 1st AGM till conclusion of 6th AGM scheduled in 2027
- Latest submissions: Audit report for FY 2025-26 and Limited Review report for Q1 FY 2026-27
Auditor Confirmation
- No other material reasons for resignation beyond stated rationale
- No concerns requiring approach to Audit Committee/Board of Directors
- No management-imposed limitations or circumstances affecting audit evidence
- Confirmation that information provided in resignation is correct and complete