Announced Thu, 23 Jul · 20:01 IST
Nykaa appoints Walker Chandiok as new statutory auditor for 5 years
Management Changes View source PDF
NYKAA · price
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Price reaction · full curve 14 horizons · vs prior close
+0.2%1-day move
₹324.90
prior close
₹323.30
base price
After-mkt
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AI summary
Nykaa's board approved appointment of Walker Chandiok & Co LLP as statutory auditor for a first term of 5 years, from the end of the 14th AGM to the end of the 19th AGM, pending shareholder approval. Current auditor S.R. Batliboi & Associates LLP will finish their term at the 14th AGM. Walker Chandiok is a well-established firm set up in 1935 with 97 partners, serving several top listed companies in India.
Likely market impact
Routine auditor rotation as current auditor completes term. No governance concern; a reputed firm takes over for a 5-year stint.