Company Disclosure
V.S.T. Tillers Tractors Limited (Scrip Code: Not provided in document) has made a disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the appointment of new statutory auditors.
Nature of Event
Appointment of Statutory Auditors of the Company, as referenced in the company's previous letter dated August 13, 2026.
Shareholder Approval
At the 58th Annual General Meeting held on September 23, 2026, shareholders approved the appointment of M/s. Brahmayya & Co, Chartered Accountants (Firm Registration No. 000515S) as Statutory Auditors of the Company. The appointment is for a term of five consecutive years from the conclusion of the 58th AGM until the conclusion of the 63rd AGM.
Previous Auditor Status
K.S. Rao & Co., Chartered Accountants (Firm Registration No. 003109S), ceased to hold office as Statutory Auditors upon conclusion of the 58th AGM. This cessation resulted from completion of their maximum permitted tenure of two terms of five consecutive years each.
Background of Appointment
The Board of Directors at their meeting held on August 13, 2026, based on the recommendation of the Audit Committee, had previously approved the appointment of M/s. Brahmayya & Co. subject to shareholder approval at the 58th AGM.
Auditor Profile
M/s. Brahmayya & Co., Chartered Accountants (ICAI Firm Registration No. 000515S) is one of India's oldest Chartered Accountant firms, founded in 1953 by Sri P. Brahmayya, a Fellow of the Institute of Chartered Accountants of England and Wales. The firm has over nine decades of continuous professional practice with expertise in Assurance, Audit, Tax Advisory, Risk Advisory and Transaction Services. The firm serves clients across sectors including Finance & Banking, Manufacturing, Infrastructure, Power and Services, operating through 12 offices with 28 Partners and over 500 professional staff.