TATA CONSUMER PRODUCTS LIMITED has informed the Exchange regarding Change in Auditors of the company.
TATACONSUM · price
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Tata Consumer Products has appointed M/s Price Waterhouse Chartered Accountants LLP (PwC) as its new Statutory Auditor for a 5-year term, from the conclusion of the 64th AGM in 2027 until the 69th AGM in 2032, subject to shareholder approval. The current auditor, Deloitte Haskins & Sells LLP, will continue until the 64th AGM in 2027, marking the completion of its second consecutive 5-year term. The change is driven by the mandatory statutory auditor rotation rule (two consecutive 5-year terms maximum). PwC is a Big Four firm established in 1991, converted to an LLP in 2014, with over 125 assurance partners and 9 branches across India. The appointment was recommended by the Audit Committee and approved by the Board on March 6, 2026.
This is a routine, regulation-mandated auditor rotation with one Big Four firm (PwC) replacing another (Deloitte), so there is no governance red flag and minimal impact expected on the stock price or shareholder confidence.