Reappointment of Statutory Auditor S.R. Batliboi for four years
MSUMI · price
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Motherson Sumi Wiring India has reappointed S.R. Batliboi and Co. LLP as its Statutory Auditor for a term of four years, from the conclusion of the 6th AGM in 2026 to the conclusion of the 10th AGM in 2030. The decision was taken by the Board on July 1, 2026, based on the recommendation of the Audit Committee, and is subject to shareholder approval. S.R. Batliboi, established in 1949 and part of the S.R. Batliboi and Affiliates network, has 13 branch offices across India and a valid peer review certificate till July 2027.
Continuity of audit with an established firm; no change in auditor, so minimal impact on shareholders or stock price.