Laurus Labs Limited has informed the Exchange regarding Change in Auditors of the company.
LAURUSLABS · price
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Laurus Labs has informed the stock exchanges that its Board, on March 12, 2026, approved the appointment of S.R. Batliboi & Associates LLP as the new Statutory Auditors of the company for a 5-year term, from the conclusion of the 22nd AGM in 2027 to the 27th AGM in 2032. This appointment is subject to shareholder approval at the 2027 AGM. The current auditors, Deloitte Haskins & Sells LLP, will continue until the 2027 AGM, by which they will complete their second term. S.R. Batliboi & Associates LLP is a well-established Indian audit firm incorporated in 1949, part of a network that audits several large listed companies across pharma, financial services, technology, and other sectors. The change was recommended by the Audit Committee.
This is a planned, routine auditor rotation after Deloitte completes its maximum allowable tenure, not a mid-term resignation or governance concern. The appointment of a reputed firm like S.R. Batliboi is neutral to mildly positive for investor confidence.