Belrise Industries Appoints Shailesh Haribhakti & Associates, Rathi Rathi & Co as Joint Auditors
Belrise Industries Limited shareholders approved the appointment of M/s. Shailesh Haribhakti & Associates and M/s. Rathi Rathi and Co. as Joint Statutory Auditors at the 30th AGM on September 30, 2026. They will serve for five years until the 35th AGM in FY 2031-32.
The appointment of joint statutory auditors is a significant corporate governance event that affects the company's financial reporting and compliance. It ensures that the company adheres to regulatory standards and maintains transparency with its stakeholders.
The appointment of joint statutory auditors is a routine corporate action following the expiry of the previous auditor's term. While it ensures compliance and transparency, it does not inherently indicate a positive or negative shift in the company's performance or outlook.
Belrise Industries Limited has announced the appointment of M/s. Shailesh Haribhakti & Associates and M/s. Rathi Rathi and Co. as Joint Statutory Auditors. This decision was approved by the shareholders at the company's 30th Annual General Meeting (AGM) held on September 30, 2026.
The new joint statutory auditors have been appointed for a term of five consecutive years, commencing from the conclusion of the 30th AGM until the conclusion of the 35th AGM, which is scheduled to be held in the Financial Year 2031-32. The existing statutory auditor, M/s. GSA & Associates LLP, completed its term at the 30th AGM.
M/s. Shailesh Haribhakti & Associates is a chartered accountancy firm led by Mr. Shailesh Haribhakti, a professional with over five decades of experience in audit, accounting, and corporate governance. He currently chairs the Audit Committee of TVS Motor Company and Swiggy and serves on the boards of several prominent companies. M/s. Rathi Rathi & Co, established in 2012, is a chartered accountancy firm with four offices across India and a team of over 170 professionals, offering services in statutory audit, internal audit, and tax audit.
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Belrise Industries Limited filed this with the NSE as a statutory disclosure, categorised under auditor changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Belrise Industries Limited. Read the original for the full detail.