Intimation for appointment of the Statutory Auditor of the Company
ARIS · price
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ArisInfra Solutions Ltd's Board meeting on May 15, 2026 accepted the resignation of M/s. Price Waterhouse Chartered Accountants LLP as Statutory Auditors, effective May 14, 2026. The outgoing auditor had issued audit reports dated May 8, 2026 for the standalone and consolidated financial statements for FY ended March 31, 2026. The Board, on the recommendation of the Audit Committee, appointed M/s. MSKC & Associates LLP as the new Statutory Auditors effective May 15, 2026, subject to shareholder approval at the ensuing AGM. MSKC & Associates LLP was established in 1974 and has offices across 7 Indian cities including Mumbai, Bengaluru, Chennai, Hyderabad, Gurugram, Pune, and Kolkata.
The mid-term resignation of a Big Four auditor (Price Waterhouse) and appointment of a mid-sized firm (MSKC) may signal potential concerns about audit independence or cost considerations. Shareholders should scrutinize the rationale during the AGM approval process.