Flair Writing Industries Limited has informed the Exchange regarding Change in Auditors of the company.
FLAIR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Flair Writing Industries has appointed M/s Price Waterhouse Chartered Accountants LLP (PwC) as its new Statutory Auditor for a five-year term, from the end of the 10th Annual General Meeting until the conclusion of the 15th AGM. The change comes because the previous auditor, M/s Jeswani & Rathore, has completed its tenure. PwC is a well-established firm with over 125 assurance partners, 17 branch offices across India, and audits several listed companies. The appointment is subject to shareholder approval at the upcoming AGM.
This is a routine auditor rotation at the end of the existing auditor's tenure, not a midterm resignation, and signals no governance concerns. The move to a Big-4 affiliated firm like PwC could enhance the credibility of the company's financial reporting for investors.