TATA CONSUMER PRODUCTS LIMITED has informed the Exchange regarding appointment of Statutory Auditors.
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Tata Consumer Products has appointed M/s Price Waterhouse Chartered Accountants LLP as its new Statutory Auditor for a five-year term, starting from the conclusion of the 64th Annual General Meeting (AGM) in 2027 until the 69th AGM in 2032, subject to shareholder approval. The current auditor, Deloitte Haskins & Sells LLP, will continue in the role until the 64th AGM, completing its second consecutive five-year term as permitted under regulations. Price Waterhouse is a well-established firm founded in 1991, operating across 9 branches in India with over 125 Assurance Partners. This is a planned, regulatory-driven auditor rotation rather than any abrupt change.
This is a routine auditor rotation required under SEBI and Companies Act rules after Deloitte completes two consecutive 5-year terms. No negative signal for shareholders — Price Waterhouse is a top-tier audit firm, and the transition is orderly with proper overlap until 2027.