Wipro Limited’s Board of Directors has approved a change in its statutory auditors, appointing B S R & Co. LLP to replace Deloitte Haskins & Sells LLP. This change is in line with mandatory rotation requirements. Additionally, Wipro has appointed KPMG Assurance and Consulting Services LLP as its independent registered public accounting firm for US filings, effective for the fiscal year ending March 31, 2028.
Statutory Auditor Transition
The Board of Directors of Wipro Limited has announced a significant change in its statutory auditors. In adherence to mandatory rotation requirements under the Companies Act, 2013, the term of Deloitte Haskins & Sells LLP as the company’s statutory auditor will conclude at the 81st Annual General Meeting (AGM) for FY 2026-27. Following a recommendation from the Audit, Risk and Compliance Committee, the Board has approved the appointment of B S R & Co. LLP as the new Statutory Auditors. This appointment is for a term of five years, commencing from the conclusion of the 81st AGM until the conclusion of the 86th AGM, subject to shareholder approval at the 81st AGM in 2027.
Appointment of Independent Auditor for US Filings
In a separate key decision, Wipro has appointed KPMG Assurance and Consulting Services LLP as its independent registered public accounting firm. This appointment is made in compliance with Section 10A of the Securities Exchange Act, 1934, and Section 202 of the Sarbanes-Oxley Act, 2002. KPMG will be responsible for auditing the financial statements included in the Company’s Annual Report on Form 20-F, which will be filed with the US Securities and Exchange Commission for the year ending March 31, 2028.
Auditor Backgrounds
B S R & Co. LLP, with Firm Registration number 101248W/W-100022, was constituted in 1990 and converted into a limited liability partnership on October 14, 2013. The firm has a substantial presence with over 4,000 staff and 170+ partners across 14 locations. It is a member entity of BSR & Affiliates, a network registered with the Institute of Chartered Accountants of India, and audits various listed companies, including those in the IT/ITeS sector.
Deloitte Haskins & Sells LLP (Firm Registration no. 117366W/W-100018) will continue its role until the conclusion of the 81st AGM for FY 2026-27, and for filing the audited financial statements in Form 20-F for the year ended March 31, 2027.
Source: BSE
