Announced Thu, 23 Jul · 20:08 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
timing
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AI summary
Nykaa's board approved appointing Walker Chandiok and Co LLP as statutory auditors for a 5-year term starting from the 14th AGM, subject to shareholder approval. Current auditor S.R. Batliboi and Associates will complete its term at the 14th AGM. Walker Chandiok, established in 1935, is a leading Indian audit firm with 97 partners serving several top listed companies.
Likely market impact
Routine auditor rotation after completion of current term. New auditor is a well-known reputed firm, no governance red flags.