Current Auditor Status

  • M/s. GSA & Associates LLP (ICAI Firm Registration Number: 00257N / N500339, LLPIN: AAS-8863) was appointed for a second term of 5 years at the 25th Annual General Meeting held on September 17, 2021.
  • Their term is expiring at the ensuing 30th Annual General Meeting.

Recommended New Auditors

Based on the recommendation of the Audit Committee, the Board of Directors at its meeting held on September 8, 2026, has recommended the appointment of:

1. M/s. Shailesh Haribhakti & Associates - Chartered Accountants, Mumbai

  • Firm Registration No.: 148136W
  • Peer Review Certificate No.: 026910

2. M/s. Rathi Rathi and Co. - Chartered Accountants, Pune

  • Firm Registration No.: 135143W
  • Peer Review Certificate No.: PRB/000036

Appointment Terms

  • Position: Joint Statutory Auditors
  • Term: First term of 5 consecutive years
  • Period: Financial Year 2026-27 to Financial Year 2030-31
  • Tenure: From conclusion of 30th Annual General Meeting till conclusion of 35th Annual General Meeting to be held in Financial Year 2031-32
  • Condition: Subject to approval of members at the ensuing Annual General Meeting

Auditor Profiles

M/s. Shailesh Haribhakti & Associates:

  • Reputed chartered accountancy firm led by Mr. Shailesh Haribhakti
  • Mr. Haribhakti has over five decades of experience in audit, accounting and corporate governance
  • Currently chairs Audit Committee of TVS Motor Company and Swiggy
  • Serves on boards of several prominent companies including Mirae Asset Investment Managers (India)
  • Previously served on board of L&T Finance and held leadership positions as Chairman of BDO India and Baker Tilly India

M/s. Rathi Rathi and Co.:

  • Established chartered accountancy firm founded in 2012
  • Has 4 offices across India with a team of over 170 professionals
  • Capabilities across statutory audit, internal audit and tax audit
  • Worked with several marquee Indian and multinational clients including ILGIN Global India, Direct Networks India, Mubea Automotive Components India, Elpro International Limited, Nipro Medical India, and Tenneco Clean Air India

Additional Information

  • The submission is available on the company's website under "Investor Relations" at https://belriseindustries.com/
  • The disclosure includes Annexure A with required particulars as per SEBI regulations
  • Financial impact of the auditor change is not quantified in the disclosure