StockWatch
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Compressors- Pumps & Diesel Engines
Auditor30 Apr 2026, 03:33 pm

KSB Ltd Appoints B S R & Co. LLP as New Statutory Auditor

AI Summary

KSB Ltd's Board of Directors, at its meeting on April 30, 2026, accepted the resignation of M/s Price Waterhouse Chartered Accountants, LLP, Pune, as the Statutory Auditor. The resignation was tendered on the same day, citing the management's desire to appoint a firm affiliated with the auditors of their intermediate holding company outside India. The Board noted no concerns raised by Price Waterhouse regarding their resignation. Subsequently, based on the Audit Committee's recommendation and subject to shareholder approval, the Board approved the appointment of M/s B S R & Co. LLP, Chartered Accountants, as the new Statutory Auditor for a five-year term.

Key Highlights

  • Price Waterhouse Chartered Accountants, LLP resigned as KSB Ltd's statutory auditor.
  • Resignation was due to management's preference for an affiliated auditor.
  • Board noted no concerns raised by the resigning auditor.
  • B S R & Co. LLP appointed as new statutory auditor, subject to shareholder approval.
  • New auditor recommended for a five-year term.