Nava Limited has recommended the appointment of B S R and Co, Chartered Accountants, as its statutory auditors for a term of five consecutive years. This recommendation, made by the Board of Directors following a review by the Audit Committee, is subject to shareholder approval at the upcoming Annual General Meeting. The auditors will serve from the conclusion of the 55th AGM in 2027 until the 60th AGM in 2032.
Statutory Auditor Appointment Recommended
Nava Limited’s Board of Directors, acting on the recommendation of its Audit Committee, has proposed the appointment of B S R and Co, Chartered Accountants, as the company’s statutory auditors. This significant decision was made during a board meeting held on November 12, 2026.
Extended Term and Shareholder Approval
The proposed tenure for B S R and Co as statutory auditors is for a period of five (5) consecutive years. This term is set to commence from the conclusion of the 55th Annual General Meeting (AGM) of the Company, expected to be held in 2027, and will extend until the conclusion of the 60th AGM, anticipated in 2032. The appointment is contingent upon the approval of the company’s shareholders.
Background on Auditors
B S R and Co, with Firm Registration No. 128510W, was constituted on September 01, 2007. It is noted that the existing statutory auditors, Walker Chandiok & Co LLP, will retire at the conclusion of the 55th AGM in 2027, after completing their second consecutive five-year term. B S R and Co is described as a member entity of B S R & Affiliates and has offices in multiple major Indian cities, with a staff of over 4000 and 200+ partners. Their member firms audit various companies across industrial manufacturing, power generation, and agriculture sectors.
Source: BSE
