The Board of Directors of Tata Consultancy Services (TCS) has recommended the appointment of Walker Chandiok & Co LLP as the new Statutory Auditors. This appointment follows a recommendation from the Audit Committee after the scheduled board meeting on February 28, 2026. The new auditors are set to serve for a five-year term, commencing after the 32nd Annual General Meeting (AGM) in 2027 and concluding after the 37th AGM in 2032, subject to member approval. The previous auditor, BSR & Co. LLP, will conclude its tenure at the 32nd AGM.
Change in Statutory Auditors Approved
Tata Consultancy Services (TCS) announced a significant change regarding its Statutory Auditors following a Board of Directors meeting held on February 28, 2026. The Board, acting on the recommendation of the Audit Committee, has approved the appointment of Walker Chandiok & Co LLP, Chartered Accountants, as the company’s Statutory Auditors.
Term of Appointment and Transition Details
The new appointment for Walker Chandiok & Co LLP is for a term of five consecutive years. This term will commence from the conclusion of the 32nd Annual General Meeting (AGM), which is expected to be held in the year 2027, and will run until the conclusion of the 37th AGM in the year 2032. This appointment is conditional upon the subsequent approval of the Members of the Company.
This change signals a transition from the existing auditors, BSR & Co. LLP (ICAI Firm Registration No. 101248W/W-100022), who will continue in their role until the conclusion of the 32nd AGM, marking the completion of their second term.
Profile of New Auditors
Walker Chandiok & Co LLP is a prominent firm of Chartered Accountants, registered with the Institute of Chartered Accountants of India (ICAI). The firm is also registered with the Public Company Accounting Oversight Board (PCAOB) and is empanelled with the Comptroller and Auditor General of India (CAG). Established in 1935, the firm has its registered office in New Delhi and boasts sixteen other offices across major Indian cities. They employ eighty-eight partners and are recognized as one of India’s leading audit firms, serving several large domestic companies, including a portion of the top one hundred listed entities in India.
Board Meeting Timing
The disclosure also confirmed that the meeting where these approvals were granted was held on February 28, 2026, commencing at 10.30 a.m. and concluding at 6.10 p.m.
Source: BSE