Shriram Properties Appoints Abarna & Ananthan as Statutory Auditors
Shriram Properties Limited appointed M/s. Abarna & Ananthan as Statutory Auditors. They will serve for five years, from the 5th to the 10th AGM post-IPO, pending shareholder approval. This replaces M/s. Walker Chandiok & Co LLP.
Changing the statutory auditor is a standard governance procedure and typically has a minimal direct impact on the company's operations or financial performance.
The appointment of a new statutory auditor is a routine corporate action and does not inherently carry a positive or negative financial implication for the company.
Shriram Properties Limited announced today, July 23, 2026, that its Board of Directors has approved the appointment of M/s. Abarna & Ananthan, Chartered Accountants, as the new Statutory Auditors. This appointment is in place of M/s. Walker Chandiok & Co LLP, who have completed their maximum allowed consecutive terms as per the Companies Act, 2013.
The new auditors will hold office for a term of five consecutive years, commencing from the conclusion of the 5th Annual General Meeting (AGM) post-IPO and concluding at the 10th AGM post-IPO. This appointment is subject to the approval of the shareholders at the upcoming AGM.
M/s. Abarna & Ananthan, established in 1987, is a firm registered with the ICAI and empanelled with the CAG and RBI. They possess expertise in assurance, direct and indirect taxes, including GST. The firm has 14 partners and operates across Bengaluru, Chennai, and Mumbai, with significant experience in the real estate sector and with listed companies.
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Shriram Properties 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 Shriram Properties Limited. Read the original for the full detail.