Announced Fri, 10 Jul · 24:00 IST
SRBC and Co appointed as statutory auditors for 5 years, replacing Deloitte
Management Changes View source PDF
ASIANPAINT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹2677.20
prior close
₹2695.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.4+0.7+1.1-1.0-1.4-0.3-0.3+0.4+0.8————
Up moveDown movePending
AI summary
Shareholders at the 80th AGM on 9 July 2026 approved the appointment of S R B C and Co. LLP as statutory auditors for five years, till the conclusion of the 85th AGM. They replace Deloitte Haskins and Sells LLP, which completed its maximum allowed two consecutive 5-year terms. The board had recommended this on 26 March 2026 based on the audit committee's suggestion. SRBC is part of the S. R. Batliboi and Affiliates network, established in 2002.
Likely market impact
Routine auditor rotation after Deloitte completed the regulatory 10-year cap. SRBC is a well-known firm, so no governance red flags.