LG Electronics India Appoints New Statutory Auditors and Re-appoints Cost Auditors
LG Electronics India Ltd. has announced significant updates regarding its audit appointments and future general meeting date following a Board of Directors meeting held on July 21, 2026. The Board approved the appointment of M/s Deloitte Haskins & Sells Chartered Accountants LLP as the Statutory Auditors for five years, while also re-appointing M/s J.K. Kabra & Co., Cost Accountants, as the Cost Auditors for the financial year 2026-27.The company confirmed that the tenure of the existing Statutory Auditors, M/s Price Waterhouse Chartered Accountant LLP (ICAI Firm Registration No. 012754N/N500016), will conclude at the forthcoming 29th Annual General Meeting (AGM).
Audit Appointments and Details
The Board’s decisions concerning the audit functions are detailed below, reflecting the transition of statutory auditing duties.| Particulars | Statutory Auditor: M/s Deloitte Haskins & Sells Chartered Accountants LLP | Cost Auditor: M/s J.K. Kabra & Co. |
|---|---|---|
| Reason for Change | Appointment upon completion of the existing Statutory Auditors' tenure. The appointment was made based on the recommendation of the Audit Committee. | Re-appointment as the Cost Auditor for the Financial Year 2026-27, approved by the Board and subject to member ratification at the ensuing AGM. |
| Date and Term | Date of Appointment: July 21, 2026 (subject to approval at the 29th AGM). Term: Five years, commencing from the conclusion of the 29th Annual General Meeting up to the conclusion of the AGM in 2031. | Date of Re-Appointment: July 21, 2026. Term: Financial Year 2026-2027. |
Profiles and Qualifications
M/s Deloitte Haskins & Sells Chartered Accountants LLP was constituted in 1997 and operates as a Limited Liability Partnership (LLP) since June 2, 2021. The firm is registered with the Institute of Chartered Accountants of India (Registration No. 117364W/W100739).M/s J.K. Kabra & Co. is a reputed Cost Accountants firm established in 1982 and possesses four decades of experience in areas such as Cost Audit, Inventory Valuation, Cost Records, GST, and related advisory services. The firm maintains offices across Delhi, Mumbai, and Surat and has served various Multinational Companies (MNCs).
Annual General Meeting Announced
The company also announced that the 29th Annual General Meeting (AGM) will be held on Friday, August 21, 2026. Members will be informed about the meeting through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The Notice convening the AGM, along with the Annual Report for the Financial Year 2025-2026, is scheduled to be electronically dispatched within prescribed timelines.LGEINDIA Stock Price Movement
LG Electronics India Limited shares today slipped by 0.98% to settle at ₹1563.50, closing lower after trading in the post-market session. The stock closed amidst a range of ₹1554.90 to ₹1577.90 and saw a total traded volume of 105,867 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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