Announced Thu, 23 Jul · 13:03 IST
Orient Electric appoints Price Waterhouse as new statutory auditor
Management Changes View source PDF
ORIENTELEC · price
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Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹171.60
prior close
₹175.18
base price
In-mkt
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AI summary
Orient Electric announced that S. R. Batliboi and Co. LLP have completed their two permissible terms as Statutory Auditors at the conclusion of the 10th AGM held on July 22, 2026, as required under the Companies Act, 2013. Shareholders at the AGM approved the appointment of Price Waterhouse Chartered Accountants LLP as the new Statutory Auditors for a first term of five consecutive years. This is a routine auditor rotation due to tenure limits, not a mid-term change.
Likely market impact
Routine auditor rotation per law; Price Waterhouse brings a major audit firm on board for a five-year term. No material impact expected.