DLFNSEDLF Limited· ConstructionMediumNeutral
Announced Mon, 19 May · 21:21 IST

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

Management Changes View source PDF

DLF · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

DLF's Board, at its meeting on 19th May 2025, approved three key changes. First, Ms. Vinati Kastia Kilambi, a Senior Partner at AZB & Partners with nearly three decades of experience in corporate governance, legal advisory and risk management, was appointed as an Independent Director for a 5-year term, subject to shareholder approval. Second, Mr. A.S. Minocha ceased to be a Director after completing his second consecutive 5-year term as Independent Director. Third, PricewaterhouseCoopers Services LLP (PwC) was appointed as the Internal Auditor for FY 2025-26, and Makarand M. Joshi & Co. was appointed as Secretarial Auditor for a 5-year term covering FY 2025-26 to FY 2029-30. The Board confirmed composition remains compliant with SEBI Listing Regulations.

Likely market impact

This is a routine governance update involving scheduled rotation of an Independent Director and fresh appointments of reputable audit firms (PwC and MMJC), with no red flags or financial implications for shareholders.