FSN E-Commerce Ventures Limited (Nykaa) announced today the appointment of M/s. Walker Chandiok & Co LLP as its new Statutory Auditors. This decision, pending shareholder approval, will see the firm serve for a five-year term starting from the conclusion of the 14th AGM until the 19th AGM. The current auditors, M/s S.R. Batliboi & Associates LLP, will continue their duties until the conclusion of the 14th AGM.
Nykaa Board Appoints New Statutory Auditors
FSN E-Commerce Ventures Limited, widely known as Nykaa, has announced a significant change in its audit leadership. During its Board Meeting held on July 23, 2026, the company’s directors considered and approved the appointment of M/s. Walker Chandiok & Co LLP as the new Statutory Auditors. This decision was made based on the recommendation of the company’s Audit Committee.
Audit Firm Details and Tenure
The appointment of M/s. Walker Chandiok & Co LLP, holding ICAI Firm Registration No. 001076N/N500013, is subject to the approval of the company’s shareholders. They are slated to hold the office for a term of five consecutive years. This term will commence from the conclusion of the 14th Annual General Meeting (AGM) of the Company and will extend until the conclusion of the 19th AGM.
Transition from Current Auditors
Prior to the new appointment taking effect, the current Statutory Auditors, M/s S.R. Batliboi & Associates LLP (ICAI Firm Registration No. 101049W/E300004), will continue to oversee the company’s audit. Their tenure will conclude at the 14th Annual General Meeting, marking the completion of their term and facilitating a smooth transition to the new audit firm.
Profile of the New Auditors
M/s. Walker Chandiok & Co LLP is a well-established firm of Chartered Accountants. Registered with the Institute of Chartered Accountants of India (ICAI), it also holds registrations with the Public Company Accounting Oversight Board (PCAOB) and is empaneled with the Comptroller and Auditor General of India (CAG). Established in 1935, the firm has its registered office in New Delhi and operates through nineteen other offices across India. With ninety-seven partners, the firm is recognized as a leading audit firm, providing audit and assurance services to numerous large companies, including many of India’s top one hundred listed entities.
Meeting Details
The Board of Directors’ meeting commenced at 05:38 p.m. IST and concluded at 06:00 p.m. IST on July 23, 2026.
Source: BSE
