Raymond Limited has informed the Exchange regarding Outcome of Board Meeting held on May 05, 2026.
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Raymond Limited's Board meeting on May 5, 2026 approved the appointment of Price Waterhouse Chartered Accountants LLP (PwC) as the new Statutory Auditors for a 5-year term from the conclusion of the 101st AGM until the 106th AGM. This appointment is subject to shareholder approval. The current auditors, Chaturvedi & Shah LLP, were appointed in December 2025 to fill a casual vacancy caused by the resignation of the previous auditor, and their term ends at the upcoming AGM. PwC is a large established CA firm registered with ICAI since 1991, converted to LLP in 2014, with 17 branch offices and 125+ Assurance Partners.
This is a routine auditor change reflecting normal corporate governance procedures. The switch from Chaturvedi & Shah to PwC is not unusual given the temporary nature of the previous appointment. Shareholders should note this change for the upcoming AGM.