The Indian Hotels Company Limited (IHCL) has announced the appointment of M/s. S R B C & CO LLP as its new Statutory Auditor. This transition follows the completion of the current auditor’s second five-year term in 2027. The appointment is slated to commence from the conclusion of the 126th Annual General Meeting in 2027 and will span a period of five consecutive years, concluding at the 131st Annual General Meeting in 2032.
Auditor Transition Plan
Following the recommendation of the Audit & Compliance Committee, the Board of Directors has approved the appointment of M/s. S R B C & CO LLP. The firm, a member of the S.R. Batliboi & Affiliates network, will step into the role upon the conclusion of the 126th Annual General Meeting in 2027. This move comes as the incumbent auditor, M/s. BSR & Co. LLP, completes its second consecutive five-year term.
Appointment Tenure and Scope
The new auditors will serve a term of five consecutive years, ensuring oversight through the 131st Annual General Meeting in 2032. The appointment is currently subject to the final approval of the Company’s members. S R B C & CO LLP is a firm of Chartered Accountants registered with the Institute of Chartered Accountants of India (ICAI), bringing extensive experience in providing audit and assurance services across diverse sectors, including infrastructure, technology, and consumer products.
Source: BSE
