SBI Funds Management Appoints Gokhale & Sathe LLP as Statutory Auditors for FY27
SBI Funds Management Limited has appointed M/s. Gokhale & Sathe LLP as Statutory Auditors for FY 2026-27. The appointment was made by the Comptroller & Auditor General of India. Gokhale & Sathe LLP has over 40 years of experience, particularly in the BFSI sector.
The change of auditor is a standard compliance procedure for listed companies and does not directly impact the company's operations, financial performance, or market position in the short to medium term. It is a procedural event.
The appointment of a new auditor is a routine corporate action and does not inherently signal positive or negative performance or outlook for the company. It is a regulatory requirement.
SBI Funds Management Limited has announced the appointment of M/s. Gokhale & Sathe LLP, Chartered Accountants (FRN: 103264W), as the Statutory Auditors for the Financial Year 2026-27. This appointment was made by the Comptroller & Auditor General of India (C&AG) vide their letter dated September 7, 2026. M/s. Gokhale & Sathe LLP has conveyed their acceptance for this role via a letter dated September 22, 2026.
The firm brings over 40 years of experience in professional services, with 15 partners and over 200 employees, offering assurance, tax, and advisory services. They have significant experience in statutory audits of listed companies, particularly within the BFSI sector, and possess strong expertise in financial reporting, regulatory compliance, and corporate governance. Their services also extend to risk-based internal audits, tax advisory, and family-owned business support.
This intimation is in compliance with Regulation 30 of the SEBI Listing Regulations and is also available on the company's website.
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SBI Funds Management 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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