Shriram Properties Appoints Abarna & Ananthan as Statutory Auditor for Five Years
Shriram Properties Ltd has appointed M/s Abarna & Ananthan, Chartered Accountants, as its new Statutory Auditors. The decision was made by the Board of Directors and the Audit Committee during a meeting held on July 23, 2026, replacing M/s Walker Chandiok & Co LLP.The appointment is for a term of five consecutive years, commencing from the conclusion of the company's 5th Annual General Meeting (AGM) post IPO and concluding at the 10th AGM post IPO. This appointment remains subject to subsequent shareholder approval at the ensuing Annual General Meeting.
The Board confirmed the appointment following recommendations from the Audit Committee.
Auditor Profile Details
The newly appointed firm, M/s Abarna & Ananthan, is established in 1987 and possesses significant experience within the real estate sector and with listed companies. The firm operates across Bengaluru, Chennai, and Mumbai.Key details regarding the appointment are presented below:
| Particulars | Details |
|---|---|
| Reason for Appointment | Statutory Appointment |
| Date of Appointment | July 23, 2026 |
| Term of Appointment | Five consecutive years, effective from the conclusion of the 5th AGM post IPO till the 10th AGM post IPO. |
| Firm Profile | Established in 1987, registered with ICAI. Empanelled with the Comptroller and Auditor General of India (CAG) and the Reserve Bank of India (RBI). The firm has 14 partners and operates across Bengaluru, Chennai, and Mumbai. |
The firm also maintains domain expertise as tax consultants for direct and indirect taxes, including GST.
SHRIRAMPPS Stock Price Movement
As of 12:21 PM, shares of Shriram Properties Limited are slipping by 1.16% in live trading, currently trading at ₹84.49 per share. The equity sees active interest during the session, having been traded 189,602 times so far today.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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