India Pesticides Limited has informed the Exchange regarding Change in Auditors of the company.
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India Pesticides Limited has informed the stock exchanges about the appointment of M/s Suresh Surana & Associates LLP as the new Statutory Auditor of the company. The appointment was recommended by the Audit Committee and approved by the Board of Directors. The new auditor will serve for a 5-year term, from the conclusion of the 40th Annual General Meeting until the conclusion of the 45th AGM, subject to shareholder approval at the upcoming AGM. Suresh Surana & Associates LLP is a well-known chartered accountancy firm, a member of RSM International since 1996, and ranked among India's top 6-7 audit, tax, and consulting groups.
This is a routine auditor appointment for a fresh 5-year term with a reputed firm, which is a governance-positive signal. There is no indication of any controversy or mid-term resignation — shareholders should see this as a standard procedural change requiring their approval at the next AGM.