Balaji Telefilms Limited has informed the Exchange regarding Change in Auditors of the company.
BALAJITELE · price
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Balaji Telefilms' board, at its July 3, 2025 meeting, re-appointed Ernst & Young LLP as Internal Auditors and Chhawchharia & Associates as Tax Auditors for FY 2025-26. It also appointed AVS & Associates as Secretarial Auditors for a five-year term from April 1, 2025 to March 31, 2030, subject to shareholder approval. Dr. Archana Hingorani was re-appointed as a Non-Executive Independent Director for a second five-year term effective August 28, 2025, pending shareholder approval. The company also disclosed that it paid a penalty in full to both BSE and NSE for delaying the publication of Q4/FY25 financial results, which the board attributed to a Scheme of Arrangement. The delayed results were subsequently approved at the same board meeting.
The auditor changes are largely routine re-appointments of established firms (EY, Chhawchharia & Associates), suggesting continuity rather than disruption. The penalty disclosure, though fully paid, is a minor compliance flag for shareholders to note, but is unlikely to have a material impact on the stock given that the underlying delay was linked to a corporate restructuring.