BALMLAWRIENSEBalmer Lawrie & Company Limited· Travel And TransportMediumNeutral
Announced Wed, 6 Aug · 16:59 IST

Balmer Lawrie & Company Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

BALMLAWRIE · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Balmer Lawrie, a Government of India enterprise, announced that its Board of Directors on 6th August 2025 approved the appointment of Cost Auditors for four financial years. M/s DGM & Associates will serve as Cost Auditors for FY 2025-26 and FY 2026-27, while M/s S. B. & Associates will take over for FY 2027-28 and FY 2028-29. Both firms are experienced cost accounting practices with clientele including PSUs, banks, and large companies. This is a routine regulatory appointment required under the Companies Act for companies maintaining cost records, and is separate from the statutory audit function. The disclosures have been made under SEBI Listing Regulations.

Likely market impact

This is a routine, compliance-driven appointment of Cost Auditors and does not signal any governance concern or material change. No material impact on shareholders or stock price is expected.