Appointment of M/s. Price Waterhouse & Co Chartered Accountants LLP as the Statutory Auditors of the Company to fill the casual vacancy and hold office 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 after the resignation of the previous auditors, M/s. Kalyaniwalla & Mistry LLP. PwC will serve initially until the conclusion of the ensuing Annual General Meeting, and conditionally for a 5-year term thereafter (from 2026 AGM until the 8th AGM in 2031), subject to shareholder approval. The appointment was recommended by the Audit Committee and approved by the Board of Directors on 25th May 2026.
The mid-term resignation of auditors and appointment of a new firm (PwC) may raise minor governance concerns among investors, though such transitions are common and typically do not materially impact stock performance.