Samvardhana Motherson International Limited Approves Statutory Auditor Appointment for Five-Year Term
Samvardhana Motherson International Limited announced that its Board of Directors, at a meeting held on May 20, 2026, approved the appointment of a new Statutory Auditor and confirmed the continuation of the current auditor's services.The Board recommended M/s B S R & Co. LLP, Chartered Accountants, as the Statutory Auditors for Samvardhana Motherson International Limited. This appointment is set for a term of five years, commencing from the conclusion of the 40th Annual General Meeting in 2027 and extending until the conclusion of the 45th Annual General Meeting in 2032, subject to the approval of the shareholders.
In terms of transition, the current Statutory Auditor, M/s S. R. Batliboi & Co. LLP, Chartered Accountants, will continue to undertake the audit of the Company up to the conclusion of the 40th Annual General Meeting in 2027.
Auditor Details and Appointment Timeline
The key details regarding the auditor changes and tenure were outlined as follows:| Particulars | Details |
|---|---|
| New Statutory Auditor | M/s B S R & Co. LLP, Chartered Accountants (ICAI Firm Registration No. 101248W/W-100022) |
| New Appointment Term | Five years, from the conclusion of the 40th AGM (2027) until the conclusion of the 45th AGM (2032) |
| Current Auditor | M/s S. R. Batliboi & Co. LLP, Chartered Accountants (ICAI Firm Registration No. 301003E/E300005) |
| Current Auditor Tenure | Continues until the conclusion of the 40th Annual General Meeting (2027) |
Profile of Newly Appointed Auditor
B S R & Co. LLP was established as a partnership firm on March 27, 1990, and was converted into a limited liability partnership on October 14, 2013. The firm has 170 Partners, over 4,000 staff, and operates offices across 14 locations, serving as the statutory auditor to several companies listed on stock exchanges in India.MOTHERSON Stock Price Movement
Shares of Samvardhana Motherson International Limited are edging higher to ₹134.58 as of 2:52 PM, rallying 2.35% in live trading. The stock surged on 39.6 million shares, marking a strong day’s performance and approaching its 52-week high of ₹136.15.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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