PI Industries Limited has informed the Exchange regarding Change in Auditors of the company.
PIIND · price
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Awaiting price reaction for this filing.
PI Industries' board, on May 19, 2025, approved the audited standalone and consolidated financial results for Q4 and FY25 with an unmodified (clean) opinion from statutory auditor Price Waterhouse Chartered Accountants LLP. A final dividend of Rs. 10 per share (1000% on Re. 1 face value) was recommended, taking total FY25 dividend to Rs. 16 per share including the Rs. 6 interim dividend already paid. M/s Makarand M. Joshi & Co. was appointed as the new Secretarial Auditor for five years (FY26–FY30), and K.G. Goyal & Co. was re-appointed as Cost Auditor for FY26. The statutory auditor was not changed. The 78th AGM is scheduled for August 14, 2025, with August 7, 2025 as the record date for the final dividend.
A clean audit opinion and a healthy Rs. 16 total dividend signal strong financial health and shareholder-friendly policy. Continuity of the statutory auditor and re-appointment of senior leadership provide stability, though the dividend is the main near-term catalyst for the stock.