Indus Towers Limited announced the impending retirement of its current Statutory Auditors, Deloitte Haskins & Sells LLP, following their conclusion of the second consecutive term at the 21st AGM in 2027. The Board has approved the appointment of S.R. Batliboi & Associates LLP as the new Statutory Auditors, pending shareholder approval. This change is effective from the conclusion of the 21st AGM in 2027.
Change in Statutory Auditor Mandate
Indus Towers Limited has formally disclosed a significant change regarding its statutory audit arrangements. The current Statutory Auditors, Deloitte Haskins & Sells LLP (Firm registration no. 117366W/W-100018), are set to retire upon the conclusion of the 21st Annual General Meeting (‘AGM’), which is scheduled to occur in the calendar year 2027.
This retirement concludes their second consecutive term serving as the company’s auditors.
Approval of New Auditors
Following a comprehensive and transparent selection process overseen by the Audit & Risk Management Committee, the Board of Directors has today approved a new appointment. The Board has approved the appointment of S.R. Batliboi & Associates LLP, Chartered Accountants (Firm registration no. 101049W/E300004), to take over the role.
This appointment is effective from the conclusion of the 21st AGM in 2027 for a term compliant with applicable laws, and is contingent upon subsequent approval by the shareholders of the Company. The Board’s approval was finalized and received at 04:01 p.m. (IST) on March 10, 2026.
Profile of S.R. Batliboi & Associates LLP
S.R. Batliboi & Associates LLP (SRB) is a limited liability partnership established in India in 1949, with its registered office in Kolkata and multiple offices nationwide. The firm is registered with the ICAI (Firm Registration No. 101049W/E300004).
The network of firms associated with SRB, including S.R. Batliboi & Co LLP and S.V. Ghatalia & Associates LLP, are primarily involved in providing comprehensive audit and assurance services. Their clientele spans large listed and private companies across critical sectors such as Industrial, Infrastructure, Consumer Products, Financial Services, Technology, Media and Entertainment, Telecommunications and Professional Services.
Source: BSE
