Bharti Airtel Limited has informed the Exchange regarding Change in Auditors of the company.
BHARTIARTL · price
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Bharti Airtel's Board has approved the appointment of M/s. Makarand M. Joshi & Co (MMJC) as the new Secretarial Auditor of the company for a five-year term covering FY 2025-26 to FY 2029-30. The previous secretarial auditor, M/s. Chandrasekaran Associates, completed their tenure at the end of FY 2024-25. MMJC is a well-known firm of practicing company secretaries with over 25 years of experience in corporate governance and compliance across sectors like telecom, banking, and IT. The appointment is subject to shareholder approval at the upcoming Annual General Meeting.
This is a routine governance change as the previous secretarial auditor's term ended. No material impact on shareholders or the stock is expected. The appointment of a reputed, peer-reviewed firm is a neutral-to-slightly-positive governance signal.