Announced Tue, 14 Jul · 20:10 IST
Raymond appoints Price Waterhouse as new statutory auditor for 5 years
RAYMOND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.1%1-day move
₹618.00
prior close
₹625.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-1.3-0.7-0.8-1.1-2.2-0.5-1.6-2.6-4.8————
Up moveDown movePending
AI summary
Shareholders at the 101st AGM on July 14, 2026 approved appointing M/s. Price Waterhouse Chartered Accountants LLP as the new Statutory Auditor for a 5-year term until the 106th AGM. This replaces the casual-vacancy arrangement after the previous auditor resigned earlier. M/s. Chaturvedi and Shah LLP, who were temporarily filling in, have now ceased to hold office. Price Waterhouse is a well-known firm established in 1991 with 17 branch offices in India.
Likely market impact
Brings a top-tier audit firm on board, likely boosting audit credibility. Auditor change follows an earlier resignation, so transition is planned, not disruptive.