Pricol Limited has informed the Exchange regarding Appointment of Ms as Other of the company w.e.f. August 01, 2025.
PRICOLLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Pricol Limited's Board, at its meeting on July 11, 2025, appointed M/s. Sundaram & Srinivasan, Chartered Accountants (Firm Registration No: 004207S) as the new statutory auditor. This appointment fills the casual vacancy caused by the resignation of the previous auditor, M/s. VKS Aiyer & Co. The new auditor will hold office from August 1, 2025 until the 14th AGM on August 6, 2025. The Board has also recommended appointing Sundaram & Srinivasan as statutory auditors for a 5-year term, from the conclusion of the 14th AGM until the 19th AGM in 2030, subject to shareholder approval. Sundaram & Srinivasan is one of the largest audit firms in South India, founded in 1943, with over 450 clients across sectors like automobile, banking, and manufacturing.
The change in auditor is a routine corporate housekeeping event triggered by the prior auditor's resignation. Investors should note the transition and watch for shareholder approval at the upcoming AGM on August 6, 2025, but the move to a well-established firm may be viewed neutrally to positively from a governance standpoint.