BRITANNIANSEBritannia Industries Limited· Food And Food ProcessingMediumNeutral
Announced Thu, 8 May · 23:07 IST

Britannia Industries Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

BRITANNIA · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Britannia Industries' Board has recommended the re-appointment of Walker Chandiok & Co. LLP as Statutory Auditors for a second consecutive 5-year term, covering the 106th to 111th AGM (up to 2030). The Board has also recommended appointing Parikh & Associates as Secretarial Auditors for a 5-year term from FY 2025-26 to FY 2029-30. Walker Chandiok, established in 1935, is one of India's leading audit firms serving several top listed companies, while Parikh & Associates is a well-known firm of practicing company secretaries founded in 1987. Both appointments are subject to shareholder approval at the upcoming AGM.

Likely market impact

This is a routine corporate governance update with no negative implications. Re-appointment of an established auditor provides continuity, and shareholders will vote on these appointments at the next AGM.