Indus Towers Limited has informed the Exchange regarding Change in Auditors of the company.
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Indus Towers has approved the appointment of S.R. Batliboi & Associates LLP as its new Statutory Auditors, effective from the conclusion of the 21st Annual General Meeting (AGM) to be held in 2027. The current auditor, Deloitte Haskins & Sells LLP, will retire after completing its second consecutive term at the same AGM. S.R. Batliboi & Associates LLP, established in 1949, is a well-known Indian audit firm that audits several large listed companies across sectors including telecom, infrastructure, financial services, and technology. The appointment is subject to shareholder approval at the AGM.
This is a routine, planned auditor rotation as required by regulations, and there are no governance red flags. The change is unlikely to have any material impact on the stock price or shareholder value.