Royal Orchid Hotels Limited has informed the Exchange regarding Change in Auditors of the company.
ROHLTD · price
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Royal Orchid Hotels has informed the exchanges that its Board of Directors, on the recommendation of the Audit Committee, has approved the re-appointment of M/s Walker Chandiok & Co LLP as the Statutory Auditor of the company. The re-appointment is for a second term of 5 consecutive years, starting from the conclusion of the 39th Annual General Meeting (AGM) until the conclusion of the 44th AGM. This is subject to shareholder approval at the upcoming AGM. Walker Chandiok & Co LLP, established in 1935, is a large audit firm registered with ICAI and empanelled with PCAOB and CAG, with 70 partners and over 2,215 personnel across 15 Indian cities.
This is a routine, positive governance signal — the continuity of a reputed audit firm (Walker Chandiok, one of India's top 5 audit firms) suggests stable oversight and no disruption to audit processes. Shareholders will vote on this at the upcoming AGM.