Announced Mon, 29 Jun · 21:34 IST

Auditor change: PwC appointed, Kalyaniwalla & Mistry resigned

Auditor Resigned MidtermManagement Changes View source PDF

SANOFICONR · price

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Price reaction · full curve 14 horizons · vs prior close
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₹4600.00
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AI summary

Kalyaniwalla & Mistry LLP resigned as statutory auditor, creating a casual vacancy. Price Waterhouse and Co (PwC) has been appointed to fill the vacancy from 25 May 2026 and then for a 5-year term until the conclusion of the 8th AGM in 2031. Shareholders approved this at the 3rd AGM held on 26 June 2026. PwC is a well-known auditing firm established in 1991 with over 120 assurance partners.

Likely market impact

Mid-term auditor switch to a Big 4 firm (PwC); routine but may invite scrutiny over why the previous auditor resigned mid-term.