LICHSGFINNSELIC Housing Finance Limited· Finance - HousingMediumNeutral
Announced Fri, 29 Aug · 18:02 IST

LIC Housing Finance Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

LICHSGFIN · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

LIC Housing Finance has appointed M/s Shah Gupta & Co. and M/s Batliboi & Purohit as its new Joint Statutory Auditors, replacing M/s Khandelwal Jain & Co. and M/s SGCO & Co. The change was approved by shareholders at the 36th Annual General Meeting held on August 29, 2025. The previous auditors had completed their full three-year term as required under RBI norms for housing finance companies. The new auditors will serve from the conclusion of the 36th AGM until the conclusion of the 39th AGM in 2028, subject to yearly eligibility checks. Both firms are well-established chartered accountancy practices empanelled with RBI, SEBI, and CAG.

Likely market impact

This is a routine, regulatory-driven auditor rotation and not a mid-term exit, so it is unlikely to have any material impact on the stock or shareholders. It simply reflects compliance with RBI guidelines requiring auditor change every three years.