The Board of Directors of Asian Paints approved the appointment of S R B C & Co. LLP as the company’s Statutory Auditors. This appointment is for a significant term spanning five consecutive years, commencing after the 80th Annual General Meeting (AGM) for the financial year 2025-26 and concluding after the 85th AGM in 2030-31. This change follows the completion of the tenure of the existing auditors, Deloitte Haskins & Sells LLP.
Board Approves Long-Term Audit Appointment
Asian Paints Limited announced that its Board of Directors, following the recommendation of the Audit Committee, has approved a significant change in the company’s statutory auditors. The new appointment is for S R B C & Co. LLP (Firm Registration No. 324982E/E300003), Chartered Accountants.
Term and Commencement Details
The approved tenure for the new auditors is substantial: a term of five consecutive years. This term is set to begin following the conclusion of the 80th Annual General Meeting (AGM), covering the financial year 2025-26, and will run until the conclusion of the 85th AGM for the financial year 2030-31. This appointment is subject to ratification by the shareholders at the forthcoming 80th AGM.
Succession of Current Auditors
The existing Statutory Auditors, Deloitte Haskins & Sells LLP (Firm Registration No. 117366W/W-100018), will conclude their service after completing their two five-year terms upon the conclusion of the upcoming 80th AGM.
Profile of Appointed Auditors
SRBC & CO LLP is a limited liability partnership incorporated in India and registered with the Institute of Chartered Accountants of India (ICAI). Established in 2002, the firm has its main registered office in Kolkata. The firm and its network are principally engaged in providing audit and assurance services, tax consultancy, and financial accounting advisory services across various market segments, including both listed and private companies.
Compliance Confirmation
The company has confirmed that S R B C & Co. LLP provided the necessary consent, eligibility certificate, and confirmation of non-disqualification as required under applicable provisions.
Source: BSE
