Andhra Cements Limited has informed the Exchange about General Updates
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Awaiting price reaction for this filing.
Andhra Cements Limited, a subsidiary of Sagar Cements, has appointed M/s BSR and Co., Chartered Accountants (FRN: 128510W) as its new Statutory Auditors. Shareholders approved the appointment at the 86th Annual General Meeting held on June 30, 2025. BSR and Co. will serve a 5-year term covering financial years 2025-26 through 2029-30, until the conclusion of the 91st AGM. The change follows the resignation of the company's previous auditors. BSR and Co. is a large, well-known audit firm with 4,000+ staff and 200+ partners, part of the BSR & Affiliates network in India.
Routine governance update. Bringing in a reputed, large audit firm (BSR is part of the KPMG-affiliated network in India) is generally viewed positively by investors and strengthens audit credibility. No immediate impact on stock price expected.