Announced Wed, 6 May · 16:50 IST

Aditya Birla Real Estate Limited has informed the Exchange Appointment of M/s. Singhi & Co. as Statutory Auditors for a first term of 5 years subject to approval of shareholders at the ensuing annual general meeting.

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Price reaction · full curve 14 horizons · vs prior close
-4.6%1-day move
₹1551.00
prior close
₹1571.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-0.8-0.7+0.2-4.6-11.6-14.8-15.2-15.7-20.6-19.1-21.9-9.3
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AI summary

Aditya Birla Real Estate Limited's Board has recommended the appointment of M/s. Singhi & Co., Chartered Accountants (FRN: 302049E), as the Company's Statutory Auditors for a term of five consecutive years, from the conclusion of the 129th AGM until the conclusion of the 134th AGM (covering FY2026-27 to FY2030-31). This appointment is subject to shareholder approval at the ensuing 129th AGM. The previous auditors, M/s. SRBC & CO. LLP (SRBC), are completing their second term of five years and will cease upon the conclusion of the 129th AGM. Singhi & Co. is an ICAI Peer-Reviewed firm ranked as the 7th largest assurance and advisory firm in India, serving 150+ listed entities. The appointment was recommended by the Audit Committee and approved by the Board on 6th May 2026.

Likely market impact

The auditor rotation is a routine governance exercise mandated under applicable regulations, replacing an auditor completing its permissible tenure. This is neutral for shareholders and does not indicate any financial or operational concern.