Bharti Hexacom Limited has informed the Exchange regarding Change in Auditors of the company.
BHARTIHEXA · price
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Bharti Hexacom has approved the appointment of S.R. Batliboi & Associates LLP as its new Statutory Auditors, replacing Deloitte Haskins & Sells LLP. Deloitte will retire at the conclusion of the 32nd AGM in 2027 after completing its second consecutive five-year term, as required under the law. The new auditor's appointment takes effect from the same point and is subject to shareholder approval. S.R. Batliboi & Associates LLP is a well-established firm founded in 1949, part of the S.R. Batliboi & Affiliates network, and audits several large listed companies. The selection was carried out through a comprehensive process overseen by the Audit Committee.
This is a routine, planned auditor rotation in compliance with SEBI regulations, not a mid-term exit. Shareholders are unlikely to see any governance red flags, and the change should have no material impact on the stock price.