S.J.S. Enterprises Limited has informed the Exchange regarding the appointment of Statutory Auditors of Material Subsidiaries of the Company.
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S.J.S. Enterprises has appointed M/s. S.R. Batliboi & Co. LLP, a member firm of the EY Global network in India, as the Statutory Auditors of its two material subsidiaries — SJS Decoplast Private Limited and Walter Pack Automotive Products India Private Limited. The appointment, effective 27th June 2025, fills the casual vacancy created by the resignation of the previous auditors M/s. BSR & Co. LLP (disclosed earlier on 26th June 2025). Members of both subsidiaries approved the appointment at General Meetings held on 30th June 2025, and the auditors will serve until the next Annual General Meeting of each subsidiary.
This is a routine compliance update replacing the outgoing auditor (BSR & Co. LLP, also an EY affiliate) with another reputable firm (S.R. Batliboi & Co. LLP, also part of EY). No immediate material impact on shareholders is expected, though the recent auditor change at subsidiaries may warrant a brief look into the reasons for BSR & Co. LLP's resignation.