Sai Life Sciences Limited has informed the Exchange regarding Appointment of Ms PricewaterhouseCoopers Private Limited as Internal Auditors of the company w.e.f. May 13, 2025 for the financial year 2025-26.
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Sai Life Sciences Limited's Board of Directors, at a meeting held on May 13, 2025, approved two key appointments. First, M/s. P S Rao & Associates, a practicing company secretary firm established in 1994, has been appointed as the Secretarial Auditors for a five-year term covering FY 2025-26 through FY 2029-30, subject to shareholder approval at the upcoming AGM. Second, M/s. PricewaterhouseCoopers Private Limited (PwC India), the Indian member firm of the global PwC network, has been appointed as the Internal Auditors for FY 2025-26. Both appointments are disclosed under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements. The filings were signed by Runa Karan, Company Secretary & Compliance Officer.
These are routine governance appointments with no material impact on shareholders or stock price. The engagement of PwC as internal auditor signals continued investment in strong internal controls and audit quality, which is positive for governance standards.