Auditor21 Aug 2026, 11:28 am
IL&FS Investment Managers Appoints CNK & Associates as Statutory Auditor
AI Summary
IL&FS Investment Managers Ltd announced the appointment of M/s CNK & Associates, LLP as its new Statutory Auditor. This appointment fills a casual vacancy created by the resignation of M/s KKC & Associates LLP, effective August 13, 2026. CNK & Associates LLP will hold office until the conclusion of the company's 40th Annual General Meeting. The Board has also recommended their appointment for a subsequent five-year term, subject to shareholder approval. CNK & Associates LLP, established in 1936, is a multi-disciplinary firm with over 1,000 professionals, offering a wide range of audit and advisory services.
Key Highlights
- CNK & Associates LLP appointed as new Statutory Auditor.
- Appointment fills casual vacancy due to resignation of KKC & Associates LLP.
- New auditor to serve until the 40th Annual General Meeting.
- Recommendation for a five-year term post-AGM, pending member approval.
- CNK & Associates LLP is an established firm with extensive experience.
Price Impact
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