Auditor25 Sept 2026, 01:24 pm
Indostar Capital Appoints S.R. Batliboi & Co. LLP as Statutory Auditors
AI Summary
Indostar Capital Finance Ltd announced the appointment of S.R. Batliboi & Co. LLP as its new Statutory Auditors during the 17th Annual General Meeting (AGM) held on September 25, 2026. This appointment is for a term of three consecutive years, concluding at the 20th AGM. The firm replaces M S K A & Associates LLP, whose term concluded at the 17th AGM. The change is in line with RBI guidelines for NBFCs, requiring auditors to be appointed for a continuous three-year period, subject to eligibility. S.R. Batliboi & Co. LLP, established in 1914 and affiliated with EY, brings extensive experience in auditing large listed entities, particularly within the financial services sector.
Key Highlights
- S.R. Batliboi & Co. LLP appointed as new Statutory Auditors.
- Appointment is for a three-year term, effective from the 17th AGM.
- M S K A & Associates LLP ceases to hold office as auditors.
- Change aligns with RBI's NBFC audit appointment regulations.
- New auditors have over a century of experience in financial services.
Price Impact
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