Sagar Cements Limited has informed the Exchange regarding Change in Auditors of the company.
SAGCEM · price
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Sagar Cements shareholders have approved the appointment of M/s. B S R and Co., Chartered Accountants as the new statutory auditors at the 44th Annual General Meeting held on June 30, 2025. The new auditors will serve for a term of five consecutive years, from the conclusion of the 44th AGM until the conclusion of the 49th AGM to be held in 2030. The change occurred because the term of the previous auditors, M/s. Deloitte Haskins & Sells, concluded at the 44th AGM. B S R and Co is a well-established firm with over 200 partners and 4,000+ staff, part of the B S R & Affiliates network registered with the ICAI, and audits several listed companies including those in the industrial manufacturing sector.
This is a routine auditor rotation after the completion of the previous auditor's term, which is a normal regulatory requirement rather than a mid-term resignation. B S R and Co is a reputed audit firm, suggesting continued strong governance for shareholders.