
Auditor19 Aug 2026, 03:10 pm
CG Power Appoints Price Waterhouse as Statutory Auditors
AI Summary
CG Power and Industrial Solutions Ltd has announced the appointment of M/s. Price Waterhouse Chartered Accountants LLP as its new Statutory Auditors. This appointment is effective from August 19, 2026, and will continue until the conclusion of the company's 90th Annual General Meeting in 2027. The appointment is to fill a casual vacancy arising from the resignation of the previous auditors, M/s. S R B C & CO LLP. The decision was made by the Board of Directors based on the recommendation of the Audit Committee and is subject to shareholder approval. Price Waterhouse Chartered Accountants LLP is a well-established firm with extensive experience in auditing listed companies.
Key Highlights
- Price Waterhouse appointed as new statutory auditors.
- Appointment effective August 19, 2026, until 90th AGM in 2027.
- Fills casual vacancy due to resignation of previous auditors.
- Board approved based on Audit Committee recommendation.
- Shareholder approval will be sought in due course.
Price Impact
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