UNIECOMNSEUnicommerce Esolutions LimitedMediumNeutral
Announced Tue, 30 Sept · 18:14 IST

Unicommerce Esolutions Limited has informed the Exchange regarding Appointment of M/s. Price Waterhouse Chartered Accountants LLP, Chartered Accountants as Other of the company w.e.f. August 12, 2025.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Unicommerce eSolutions has appointed M/s. Price Waterhouse Chartered Accountants LLP as the new Independent Statutory Auditor for a 5-year term (FY 2025-26 to FY 2029-30), replacing the previous auditor M/s S.R. Batliboi & Associates LLP. Price Waterhouse has over 110 assurance partners and audits several listed Indian companies. Separately, CS Naresh Verma of Naresh Verma & Associates has been appointed as Secretarial Auditor for the same 5-year period. Both appointments were approved by shareholders at the 14th AGM held on September 30, 2025, and Price Waterhouse's appointment is effective from August 12, 2025.

Likely market impact

This is a routine auditor rotation at the AGM rather than a mid-term change, which is generally viewed as neutral or positive from a governance standpoint. Replacing a Big Four firm (Price Waterhouse) in place of the outgoing auditor may strengthen audit quality and credibility for retail shareholders.