Amara Raja Energy & Mobility Limited has informed the Exchange regarding 'Intimation - Regulation 30 of the Securities and Exchange Board of India (Listing Obligationsand Disclosure Requirements) Regulations, 2015 - Resignation by Statutory Auditor ofAmara Raja Advanced Cell Technologies Private Limited, wholly owned Material Subsidiaryof the Company'.
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M/s Brahmayya & Co, Chartered Accountants have resigned as the Statutory Auditor of Amara Raja Advanced Cell Technologies Private Limited (ARACT), a wholly owned material subsidiary of Amara Raja Energy & Mobility Limited, effective September 24, 2025. The reason given is alignment of the subsidiary's auditor with the new statutory auditor of the holding company, for operational efficiency and consistency in the audit process. Brahmayya & Co had been appointed on August 29, 2023 for a 5-year term (expiring March 31, 2028), so this is a midterm exit. They had completed the FY25 audit and the Q1 FY26 limited review. The auditor confirmed there are no concerns with ARACT's management, and the Audit Committee review is not required.
This is a planned transition to bring the subsidiary's auditor in line with the holding company's auditor, not a governance red flag — the auditor explicitly raised no concerns. Shareholders should note a new statutory auditor for ARACT is likely to be appointed soon, but the financial reporting process is expected to continue smoothly.