Rhi Magnesita India Ltd: Update on Statutory Auditor Resignation

AI Summary

Rhi Magnesita India Ltd has provided an update regarding the resignation of Price Waterhouse Chartered Accountant LLP as its Statutory Auditor and that of its wholly-owned subsidiary, RHI Magnesita India Refractories Limited. This move is intended to align the statutory auditor with the Ultimate Holding Company, RHI Magnesita N.V. The company stated that detailed disclosures will be submitted once signed resignation letters are received. This intimation is in continuation of their letter dated 10 August 2026.

Key Highlights

Statutory Auditor Price Waterhouse Chartered Accountant LLP intends to resign.
Resignation is to align auditor with the Ultimate Holding Company.
Resignation is subject to Audit Committee and Board approvals.
Further disclosures will be made upon receipt of signed resignation letters.

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