Key Quantitative Figures & Dates

  • Date of Disclosure: 20th August 2026
  • Date of Board Approval: 20th August 2026 (today)
  • Initial Term of Appointment: From 20th August 2026 until the conclusion of the ensuing Annual General Meeting (AGM)
  • Proposed Long-term: 5 consecutive years commencing from the conclusion of the ensuing AGM
  • ICAI Firm Registration Number (New Auditors): 001076N/N500013
  • ICAI Firm Registration Number (Previous Auditors): 324982E/E300003

Parties Involved

  • Disclosing Entity: Arvind SmartSpaces Limited (Scrip Code: 539301, Symbol: ARVSMART)
  • Material Subsidiaries Affected: Arvind Hebbal Homes Private Limited, Arvind Homes Private Limited, Arvind SmartHomes Private Limited
  • Previous Auditors: M/s. S R B C & Co LLP (Resigned)
  • New Auditors: M/s. Walker Chandiok & Co LLP, Chartered Accountants LLP

Purpose & Rationale

To fill the casual vacancy caused by the resignation of the previous statutory auditors, M/s. S R B C & Co LLP, from all three material subsidiaries.

Auditor Profile Details (M/s. Walker Chandiok & Co LLP)

  • Firm Established: 1935
  • Other Offices: 19 offices across major cities in India
  • Number of Partners: 97
  • Registrations: Institute of Chartered Accountants of India (ICAI), Public Company Accounting Oversight Board (PCAOB)
  • Empanelment: Comptroller and Auditor General of India (CAG)
  • Peer Review: Holds a valid peer review certificate
  • Client Base: Provides audit and assurance services to several large companies, including some of the top one hundred listed entities in India.

Financial & Operational Impact

Financial impact not quantified in the disclosure. The change is a procedural and governance update concerning the audit function of material subsidiaries.

Approval Requirements

The initial appointment is approved by the Boards of the material subsidiaries. The proposed 5-year term is subject to approval by the shareholders of the material subsidiaries at their ensuing Annual General Meetings.

#Tags: #ArvindSmartSpaces #SEBIDisclosure #RegulatoryCompliance #GovernanceUpdate #Neutral