Announced Mon, 27 Jul · 18:15 IST
Tata Chemicals appoints S R B C & Co. LLP as new statutory auditor for 5 years
Management Changes View source PDF
TATACHEM · price
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Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹701.00
prior close
₹689.25
base price
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AI summary
Tata Chemicals Board has approved S R B C & Co. LLP as the new statutory auditor for a 5-year term from the conclusion of the 88th AGM in 2027 to the 93rd AGM in 2032. The existing auditor B S R & Co. LLP will continue until the 88th AGM in 2027, completing its second consecutive 5-year term. This is a routine rotation required under regulations, and the appointment is subject to shareholder approval at the upcoming AGM.
Likely market impact
Routine regulatory auditor rotation after completing maximum tenure. Neutral for shareholders.