Appointment of M/s. PricewaterhouseCoopers Services LLP as Internal Auditors of the Company.
METROBRAND · price
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Metro Brands Ltd has appointed PwC (PricewaterhouseCoopers Services LLP) as its Internal Auditor for a three-year term covering FY 2026-27, FY 2027-28, and FY 2028-29. The appointment was made on May 20, 2026, based on the recommendation of the Audit Committee and approved by the Board of Directors. PwC is a leading professional services firm with multiple offices across India including Mumbai, Delhi-Gurugram, Kolkata, Hyderabad, and Chennai. This is a routine appointment under Regulation 30 of the SEBI Listing Regulations.
Engaging a Big 4 firm like PwC for internal audit may strengthen the company's internal controls and governance framework. However, this is a routine appointment with no immediate impact on the stock price or shareholder value.