Vadilal Industries Limited has informed the Exchange regarding Appointment of M/s. Walker Chandiok and Co LLP as statutory auditors of the Company subject to approval of shareholders
VADILALIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vadilal Industries has appointed Walker Chandiok & Co LLP, a large audit firm with 16 offices and over 2,400 staff, as its new Statutory Auditor for a five-year term, replacing Arpit Patel & Associates whose term ends at the 41st AGM. The appointment is subject to shareholder approval at the upcoming AGM. Separately, PricewaterhouseCoopers Services LLP has been appointed as Internal Auditor for two years from October 1, 2025 to September 30, 2027. Both appointments were recommended by the Audit Committee and approved by the Board on July 14, 2025.
This is a routine, end-of-term rotation of auditors, not a mid-term exit, which is generally seen as healthy governance. Switching to a top-tier firm like Walker Chandiok may boost audit quality and investor confidence, while the appointment of PwC for internal audit further strengthens oversight.