Flair Writing Industries Limited has informed the Exchange regarding Outcome of Board Meeting held on March 11, 2026. The Board of Directors have approved the recommendation for appointment of Statutory Auditor of the Company, subject to the shareholders approval.
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The Board of Directors of Flair Writing Industries Limited, at a meeting held on March 11, 2026, approved the appointment of M/s Price Waterhouse Chartered Accountants LLP (PwC) as the new Statutory Auditor of the Company. The appointment is for a five-year term, from the conclusion of the 10th Annual General Meeting (AGM) until the conclusion of the 15th AGM, and is subject to shareholder approval. PwC replaces the existing auditor, M/s Jeswani & Rathore, whose tenure has completed. PwC is a large, well-established firm founded in 1991, with over 125 Assurance Partners and 17 branch offices across India, and audits several listed companies.
This is a routine auditor rotation with no negative implications — a Big Four-affiliated firm is replacing the outgoing auditor after completion of their tenure. Investors should view this as a standard governance and regulatory compliance event, unlikely to have any material impact on the stock price.