Lodha Developers Appoints Walker Chandiok & Co. as Statutory Auditor
Lodha Developers Limited's Board approved the appointment of M/s. Walker Chandiok & Co., LLP as Statutory Auditors. They will serve for 5 years from FY 2026-27, succeeding M/s. MSKA & Associates LLP who retire at the 31st AGM. Shareholder approval is pending.
The change in statutory auditor is a standard governance procedure and typically has a low direct impact on the company's day-to-day operations or financial performance. It is a regulatory requirement.
The appointment of a new statutory auditor is a routine corporate action and does not inherently carry positive or negative financial implications for the company. It is a procedural change.
Lodha Developers Limited announced the outcome of its Board Meeting held on March 30, 2026. The Board approved the appointment of M/s. Walker Chandiok & Co., LLP as the Statutory Auditor of the Company. This appointment is to fill the position left by M/s. MSKA & Associates LLP, Chartered Accountants, who will complete their second five-year term at the upcoming 31st Annual General Meeting (AGM).
M/s. Walker Chandiok & Co., LLP will serve as the Statutory Auditors for a first term of 5 consecutive years, commencing from the financial year 2026-27. This term will extend from the conclusion of the 31st AGM to the conclusion of the 36th AGM, subject to the approval of the shareholders at the ensuing AGM. The firm, established in 1935 and with offices across India, is a leading audit firm with extensive experience.
The Board meeting commenced at 3:45 PM and concluded at 5:00 PM. The details of the appointment, as required by SEBI regulations, are available on the company's website.
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Lodha Developers 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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