ITCHOTELSNSEITC Hotels LimitedMediumNeutral
Announced Mon, 11 Aug · 18:03 IST

ITC Hotels Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

ITCHOTELS · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

At its 2nd Annual General Meeting held on August 11, 2025, shareholders of ITC Hotels approved the appointment of Messrs. S. N. Ananthasubramanian & Co., Company Secretaries as the Secretarial Auditors of the company. The firm has been appointed for a period of five consecutive financial years starting from FY 2025-26. The firm was established in 1991, is peer-reviewed, and is led by five partners with over four decades of professional experience. It currently serves as Secretarial Auditor for major listed companies including ITC Limited, Larsen & Toubro, Nestlé India, and CRISIL.

Likely market impact

This is a routine regulatory appointment required of all listed companies and is not a financial auditor change. The appointment of a well-regarded, peer-reviewed firm serving blue-chip companies reflects positively on ITC Hotels' governance practices. No material impact on shareholders or stock price is expected.