KSB: Price Waterhouse resigns as auditor; B S R & Co. LLP appointed

KSB Ltd's Board of Directors accepted the resignation of M/s Price Waterhouse Chartered Accountants, LLP, as the Statutory Auditor on April 30, 2026. The resignation was tendered because the Company's management wished to appoint an auditor affiliated with the auditors of its intermediate holding company outside India. Price Waterhouse confirmed that no concerns or reasons of any nature were highlighted with respect to their resignation. Following this, the Board, based on the Audit Committee's recommendation, approved the appointment of M/s B S R & Co. LLP, Chartered Accountants, to fill the casual vacancy. B S R & Co. LLP is recommended for a five-year term, from the conclusion of the 66th Annual General Meeting until the 71st Annual General Meeting, subject to the approval of the Company's members.