Johnson Controls - Hitachi Air Conditioning India Limited has informed the Exchange regarding Appointment of Ms S R B C & Co. LLP as Other of the company w.e.f. August 22, 2025.
BOSCH-HCIL · price
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The board, at its meeting on August 22, 2025, approved the appointment of M/s. S R B C & Co. LLP (Firm Registration No. 324982E/E300003) as the new Statutory Auditor to fill the casual vacancy caused by the resignation of M/s. Price Waterhouse & Co. Chartered Accountants LLP. SRBC will audit the financial year 2025-26 and hold office until the next AGM in 2026. The company also informed exchanges that following the completion of the acquisition between Johnson Controls-Hitachi and Robert Bosch Group on August 1, 2025, it has become a subsidiary of Robert Bosch GmbH. Accordingly, the company's name is proposed to be changed to 'Bosch Home Comfort India Limited', subject to regulatory approvals.
Shareholders should note two key changes: a mid-term switch in statutory auditor (from PwC to SRBC) and a change in corporate identity and parent group (from Johnson Controls-Hitachi to Bosch). The name change and new ownership may affect investor perception and stock identity going forward.