Archean Chemical Industries Limited has informed the Exchange regarding Change in Auditors of the company.
ACI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors approved the re-appointment of PKF Sridhar & Santhanam LLP as statutory auditors for a second term of 4 years, from the conclusion of the 17th AGM (June 12, 2026) until the 21st AGM in 2030. The Board also approved re-appointment of two Independent Directors - Mr. K M Mohandass and Mr. C G Sethuram - for a second term of 5 years each from December 06, 2026 to December 05, 2031. Both appointments are subject to shareholder approval at the ensuing AGM. Notably, the headline refers to 'Change in Auditors' but the document actually confirms continuation (re-appointment) of the same auditor firm.
Routine governance matter with no material impact on shareholders. The re-appointment of the same auditor and experienced independent directors indicates continuity in governance. No immediate stock price impact expected.