Rotation of Statutory Auditors in FY28
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Strides Pharma Science has announced the planned rotation of its statutory auditors. Current auditors B S R & Co. LLP are completing their second consecutive five-year term at the conclusion of the 36th AGM in 2027. Based on the Audit Committee's recommendation, the Board has approved proposing M/s. Deloitte Haskins & Sells LLP as the new statutory auditor for a five-year term from the 36th AGM (2027) through the 41st AGM (2032). This rotation is a standard regulatory compliance exercise as mandated by SEBI's audit firm rotation guidelines, requiring a change after 10 years of continuous service.
This is a routine, planned auditor rotation with no governance concerns. The changeover will occur after shareholder approval at the 2027 AGM, ensuring continuity in audit services. Investors should note this as a standard compliance update with no material impact on the company's financial reporting or stock outlook.