Rane Holdings Limited has informed the Exchange regarding Change in Auditors of the company.
RANEHOLDIN · price
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Rane Holdings has informed the stock exchanges about changes to its auditor positions. The Board has approved the re-appointment of M/s. BSR & Co., LLP, Chartered Accountants, as Statutory Auditors for a second consecutive 5-year term. BSR & Co. is a member of BSR & Affiliates and has audit experience across BSE 30, 100, and 200 index companies, including the automotive sector. Separately, the Board approved the appointment of M/s. B. Chandra & Associates as Secretarial Auditors for a first 5-year term beginning FY 2025-26. Both appointments are subject to shareholder approval at the upcoming 89th Annual General Meeting. BSR & Co. holds a valid peer review certificate, and B. Chandra & Associates has confirmed eligibility under ICSI norms with no conflicts of interest.
This is a routine governance update with no negative implications. Re-appointing an experienced auditor (BSR & Co.) provides continuity, while adding a dedicated secretarial auditor strengthens compliance oversight. Shareholders should approve these appointments at the AGM, but no immediate impact on stock price is expected.