Belrise Industries Limited has recommended the appointment of M/s. Shailesh Haribhakti & Associates and M/s. Rathi Rathi and Co. as Joint Statutory Auditors. This follows the expiration of the term for the current auditors, M/s. GSA & Associates LLP. The proposed joint auditors will serve for a term of 5 years, commencing from the financial year 2026-27. This appointment is subject to shareholder approval at the upcoming Annual General Meeting.
Auditor Appointment Recommendation
Belrise Industries Limited announced today, September 8, 2026, that its Board of Directors has recommended the appointment of new Joint Statutory Auditors. This decision comes as the term of the current auditors, M/s. GSA & Associates LLP, is nearing expiration at the upcoming Annual General Meeting.
Proposed Joint Statutory Auditors
The Board has proposed the appointment of two firms to serve as Joint Statutory Auditors:
- M/s. Shailesh Haribhakti & Associates (Firm Registration No. 148136W)
- M/s. Rathi Rathi and Co. (Firm Registration No. 135143W)
Both firms are Chartered Accountants based in Mumbai and Pune, respectively, and possess relevant peer review certificates.
Term and Scope of Appointment
The proposed appointment is for a term of 5 (five) consecutive years. This term will commence from the financial year 2026-27 and extend through the financial year 2030-31. The appointed auditors will hold office from the conclusion of the 30th Annual General Meeting until the conclusion of the 35th Annual General Meeting of the Company, expected to be held in the financial year 2031-32. This appointment is contingent upon the approval of the company’s members in the ensuing Annual General Meeting.
Existing Auditor’s Term
The current statutory auditors, M/s. GSA & Associates LLP, were appointed for their second term of 5 years at the 25th Annual General Meeting held on September 17, 2021. Their term is set to conclude at the upcoming Annual General Meeting, necessitating the appointment of new auditors.
Source: BSE
