StockWatch
·
Other Textile Products
Auditor7 Aug 2026, 02:47 pm

Mafatlal Industries Appoints Deloitte Haskins & Sells as Statutory Auditors

AI Summary

Mafatlal Industries Ltd has announced the appointment of M/s. Deloitte Haskins & Sells Chartered Accountants LLP as its Statutory Auditors. This appointment is for a term of five consecutive years, commencing from the conclusion of the 113th Annual General Meeting (AGM) in FY 2027-28 until the conclusion of the 118th AGM in FY 2031-32. The decision was approved by the Board of Directors following recommendations from the Audit Committee and is subject to shareholder approval at the upcoming 113th AGM. Deloitte Haskins & Sells Chartered Accountants LLP, established in 1997 and converted to an LLP in 2012, will replace M/s. Price Waterhouse Chartered Accountants LLP, who will continue until the conclusion of the 113th AGM, completing their second five-year term.

Key Highlights

  • Deloitte Haskins & Sells appointed as Statutory Auditors.
  • Appointment is for a five-year term from FY 2027-28 to FY 2031-32.
  • Subject to shareholder approval at the 113th AGM.
  • Replaces Price Waterhouse Chartered Accountants LLP.
  • Board approved based on Audit Committee recommendation.