BHARTIHEXANSEBharti Hexacom LimitedMediumNeutral
Announced Tue, 13 May · 17:48 IST

Bharti Hexacom Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bharti Hexacom's Board has approved the appointment of M/s. Makarand M. Joshi & Co (MMJC), Company Secretaries, as the new Secretarial Auditors of the company for a five-year term covering FY 2025-26 to FY 2029-30. The appointment is subject to shareholder approval at the upcoming Annual General Meeting. The previous Secretarial Auditor, M/s. Chandrasekaran Associates, completed their term at the end of FY 2024-25. MMJC is a well-known firm with over 25 years of experience in corporate governance and compliance, serving sectors including banking, telecom, IT, pharmaceuticals, and FMCG. The Board meeting was held on May 12-13, 2025, and the appointment was made on the recommendation of the Audit Committee.

Likely market impact

This is a routine, governance-positive change — a new secretarial auditor replacing the previous one whose term ended. No disruption to operations is expected, and the move reflects standard auditor rotation. Shareholders should note that final approval is pending at the AGM.