Patanjali Foods Limited has informed the Exchange regarding Appointment of M/s. Walker Chandiok & Co. LLP as Joint Statutory Auditor of the company.
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Patanjali Foods Limited's Board of Directors, at their meeting on July 28, 2025, approved the appointment of M/s. Walker Chandiok & Co. LLP as Joint Statutory Auditor of the company. The appointment is for a term of five consecutive financial years, from FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming Annual General Meeting. Walker Chandiok, part of the Grant Thornton network (a top global audit firm), will serve alongside the existing statutory auditor M/s Chaturvedi & Shah LLP for the remainder of the latter's tenure. The company clarified that this is not a change in auditor but an additional joint appointment to strengthen audit oversight.
This is a routine governance enhancement with no negative implications. Adding a Big 6-affiliated audit firm alongside the existing auditor may strengthen audit quality and corporate governance. No material impact on shareholders is expected.