INDHOTELBSEIndian Hotels Company LtdMediumNeutral
Announced Mon, 11 May · 18:18 IST

Please find enclosed the letter for the appointment of Statutory Auditor approved at the Board Meeting of the Company held on May 11, 2026

Management Changes View source PDF

INDHOTEL · price

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Price reaction · full curve 14 horizons · vs prior close
-4.2%1-day move
₹664.80
prior close
₹674.15
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.4-2.9-3.2-3.6-4.2-2.2-1.5-2.7-2.2-1.1-1.6+2.2+11.1
Up moveDown movePending
AI summary

Indian Hotels Company Ltd (IHCL) announced the appointment of M/s. S R B C & CO LLP as its new Statutory Auditors for a term of 5 consecutive years. The appointment will commence from the conclusion of the 126th Annual General Meeting in 2027 until the conclusion of the 131st AGM in 2032, subject to shareholder approval. The current auditors, M/s. BSR & Co. LLP, are completing their second consecutive 5-year term at the 126th AGM. SRBC is part of the S.R. Batliboi & Affiliates network, which audits several large listed and private companies across diverse sectors including Financial Services, Technology, and Infrastructure.

Likely market impact

This is a routine auditor rotation following regulatory guidelines and does not indicate any financial or operational concerns. Shareholders are expected to approve this appointment at the 126th AGM in 2027.