Amara Raja Energy & Mobility Limited has informed the Exchange regarding Change in Auditors of the company.
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The board of Amara Raja Energy & Mobility Limited has appointed M/s. Ernst & Young LLP (EY) as the company's new Internal Auditors for Financial Year 2026-27, effective May 25, 2026. EY is a Big Four accounting firm with over 365,000 professionals globally and a strong presence in India with 100,000+ professionals across 15 cities. The company also re-appointed M/s. Sagar & Associates as Cost Auditors for the same period. This represents an upgrade to a Big Four firm for internal audit functions.
Switching to Ernst & Young for internal audit signals improved governance and potentially stronger audit oversight. This is generally viewed positively by investors as it enhances credibility, though it does not directly impact financials.