Vishnu Chemicals Appoints M/s M. Anandam & Co as New Statutory Auditors
Vishnu Chemicals appointed M/s M. Anandam & Co as its new Statutory Auditors for a five-year term starting after the 33rd AGM until the 38th AGM in 2031. The current auditor, M/s Jampani & Associates, will continue until the 33rd AGM.
The appointment of a new statutory auditor is a significant corporate governance event that affects regulatory compliance and financial reporting integrity.
The change in auditors is a routine corporate action and does not inherently indicate positive or negative performance for the company.
Vishnu Chemicals Limited (VCL) announced the appointment of M/s M. Anandam & Co, Chartered Accountants, as its new Statutory Auditors. This decision was approved by the Board of Directors during a meeting held on May 30, 2026, based on the recommendation of the Audit Committee.
The appointment is for a term of five years, commencing from the conclusion of the upcoming 33rd Annual General Meeting (AGM) until the conclusion of the 38th AGM, which is scheduled to be held in the year 2031. This appointment is subject to shareholder approval and adherence to all statutory requirements, including auditor independence criteria.
The current Statutory Auditor, M/s Jampani & Associates, will continue their audit until the conclusion of the 33rd AGM, marking the completion of their second consecutive five-year term. M/s M. Anandam & Co, established in 1943, is a well-regarded firm with extensive experience in auditing listed companies and a strong professional team. The Board meeting commenced at 03:30 pm and concluded at approximately 04:15 pm on May 30, 2026.
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Vishnu Chemicals 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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