StockWatch
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Stockbroking & Allied
Auditor21 Jul 2026, 07:10 pm

Geojit Subsidiary Auditor Resigns, New Auditor Appointed

AI Summary

Geojit Financial Services Ltd announced that its material subsidiary, Geojit Investments Limited (GIL), has accepted the resignation of its statutory auditors, M/s. B S R & Associates LLP, effective July 21, 2026. This move is to align GIL's auditors with its parent company, Geojit Financial Services Limited. M/s. B S R & Associates LLP's term with the parent company concludes at the AGM on July 24, 2026. Subsequently, the Board of Directors of GIL has approved the appointment of M/s. Price Waterhouse Chartered Accountants LLP as the new statutory auditors, subject to shareholder approval, to fill the casual vacancy.

Key Highlights

  • Statutory auditors of Geojit Investments Limited have resigned.
  • Resignation is to align auditors with the parent company.
  • New auditors, Price Waterhouse Chartered Accountants LLP, appointed.
  • Appointment is subject to shareholder approval.
  • This is a change in auditor for a material subsidiary.