Equitas Small Finance Bank Appoints Joint Statutory Auditors for FY27
Equitas Small Finance Bank has received RBI approval to appoint M/s Sundaram & Srinivasan and re-appoint M/s Suri & Co. as Joint Statutory Auditors for FY 2026-2027. The appointment of M/s Sundaram & Srinivasan is subject to shareholder approval.
The appointment of statutory auditors is a standard regulatory requirement and typically has a minimal direct impact on the bank's financial performance or stock price.
The announcement is a routine corporate action regarding the appointment of auditors and does not inherently contain positive or negative financial news.
Equitas Small Finance Bank Limited has announced the appointment and re-appointment of its Joint Statutory Auditors for the financial year 2026-2027. This follows an approval from the Board of Directors and is in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Reserve Bank of India (RBI), via a letter dated May 13, 2026, has granted its approval for these appointments. M/s Suri & Co., Chartered Accountants (FRN: 004283S), will be re-appointed for their third year. Additionally, M/s Sundaram & Srinivasan, Chartered Accountants (FRN: 004207S), have been appointed for their first year, subject to the approval of the Bank's shareholders.
The company has submitted this information for record purposes to the National Stock Exchange of India Limited and BSE Limited.
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Equitas Small Finance Bank 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 low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Equitas Small Finance Bank Limited. Read the original for the full detail.