Ashok Leyland Appoints Deloitte Haskins & Sells as New Statutory Auditors
Ashok Leyland Limited has approved the appointment of M/s Deloitte Haskins & Sells Chartered Accountant LLP to serve as the Statutory Auditor, replacing its existing firm, Price Waterhouse & Co. Chartered Accountants LLP. The appointment follows a Board meeting decision and is subject to shareholder approval at the company's 78th Annual General Meeting (AGM).The change in auditors marks the end of a decade-long tenure for the current statutory auditors. Price Waterhouse & Co. Chartered Accountants LLP will complete its tenureship as Statutory Auditor upon the conclusion of the 78th AGM, scheduled to be held in 2027.
In anticipation of this transition, Ashok Leyland’s Board has appointed M/s Deloitte Haskins & Sells Chartered Accountant LLP for a term of five consequent years. The tenure starts from the conclusion of the 78th AGM (in 2027) and is scheduled to conclude at the 83rd Annual General Meeting in 2032.
The transition involves the following key details regarding both firms:
| Auditor | Tenure Completion/Appointment Period |
|---|---|
| Price Waterhouse & Co. Chartered Accountants LLP (Outgoing) | Will complete tenure of 10 years at the conclusion of the 78th Annual General Meeting in 2027. |
| M/s Deloitte Haskins & Sells Chartered Accountant LLP (Incoming) | For a period of 5 consequent years, from the conclusion of the 78th AGM in 2027 until the 83rd AGM in 2032. |
Details regarding the incoming auditor, M/s Deloitte Haskins & Sells Chartered Accountant LLP, include:
- Profile: The firm was constituted in 1997 and converted to a Limited Liability Partnership (LLP) on June 2, 2021.
- Registration: It is registered with the Institute of Chartered Accountants of India (Registration No. 117364W/W100739).
- Scale: The LLP has around 130 Partners and operates from offices across multiple locations including Mumbai, Gurugram, Kolkata, Chennai, Bangalore, Ahmedabad, Hyderabad, and Pune.
The appointment of the new auditors is subject to the approval of the shareholders at the 78th AGM in 2027. The board meeting approving this change was held on August 14, 2026.
ASHOKLEY Stock Price Movement
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