KEC International Ltd. has announced that its Board of Directors has approved the appointment of Deloitte Haskins & Sells Chartered Accountants LLP as the company’s new Statutory Auditor. This appointment will take effect following the conclusion of the 22nd Annual General Meeting (AGM) in 2027, succeeding the current auditors, M/s. Price Waterhouse Chartered Accountants LLP. The firm will serve a five-year term ending at the conclusion of the 27th AGM in 2032.
Auditor Transition Plan
Following the recommendation of the Audit Committee, the Board of Directors of KEC International Ltd. approved the appointment of Deloitte Haskins & Sells Chartered Accountants LLP during its meeting held on May 16, 2026. This appointment marks a change in the company’s long-term audit leadership, ensuring continued compliance and financial oversight for the coming years.
Term and Duration
The current Statutory Auditor, M/s. Price Waterhouse Chartered Accountants LLP, will remain in their role until the conclusion of the 22nd AGM, scheduled for 2027. Upon their retirement, the new firm will assume responsibilities for a consecutive five-year term. This tenure is set to conclude in 2032 at the 27th AGM, pending final approval from the company’s members.
About the New Auditor
The newly appointed firm, Deloitte Haskins & Sells Chartered Accountants LLP, brings extensive experience to the role. Constituted in 1997 and converted to an LLP in 2021, the firm is registered with the Institute of Chartered Accountants of India. It operates as part of the Deloitte Haskins & Sells network, maintaining professional standards and extensive audit capabilities.
Source: BSE