Appointment of M/s. Price Waterhouse & Co Chartered Accountants LLP as the Statutory Auditors of the Company to fill the casual vacancy and hold officer for a period of 5 (five) consecutive ....
SANOFICONR · price
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Sanofi Consumer Healthcare India Limited has appointed M/s. Price Waterhouse & Co Chartered Accountants LLP (PwC) as its new Statutory Auditors. This appointment fills a casual vacancy created by the resignation of the previous auditors, M/s. Kalyaniwalla & Mistry LLP, effective 25th May 2026. PwC will hold office until the conclusion of the ensuing Annual General Meeting (AGM). Additionally, the Board has approved PwC's appointment for a term of 5 consecutive years, from the 2026 AGM until the 8th AGM in 2031, subject to shareholder approval. PwC was established in 1991, converted to LLP in 2014, and has over 120 Assurance Partners with 17 branch offices across India.
The resignation of the previous auditor mid-term and appointment of a new one may raise minor concerns about audit continuity, though the switch to a Big Four firm like PwC could be viewed positively for governance standards.