Sundaram Clayton Limited Reappoints Statutory Auditors for Five-Year Term
Sundaram Clayton Limited announced the reappointment of M/s. Raghavan, Chaudhuri & Narayanan, Chartered Accountants, as its Statutory Auditors. The decision was taken by the Board of Directors at a meeting held on May 14, 2026.The reappointment covers an audit period of five consecutive years, commencing from the financial year 2026-27 and concluding with the financial year 2030-31. The appointment is subject to the final approval of the company's shareholders at the ensuing Annual General Meeting.
The company records indicate the following details regarding the audit tenure:
| Detail | Information |
|---|---|
| Auditing Firm | M/s. Raghavan, Chaudhuri & Narayanan, Chartered Accountants, Bengaluru (Firm Registration No. 007761S) |
| Board Meeting Date | May 14, 2026 |
| Period Covered | Five consecutive years (FY 2026-27 to FY 2030-31) |
| Condition | Subject to shareholder approval |
The firm, Raghavan, Chaudhuri & Narayanan (RCN), is a partnership of Chartered Accountants with established offices in Bangalore and Chennai. The firm possesses over four decades of professional experience, providing services in Audit, Assurance, Taxation, Corporate Advisory, and International Business Support.
RCN's team is headed by senior partners who have extensive experience conducting statutory audits for both listed and large corporate entities. The firm serves a diverse client base across sectors including Automobiles, Aerospace, Technology, Retail, Real Estate, Financial Services, and Multinational Groups. Furthermore, RCN maintains a wide international client presence spanning the USA, UK, Europe, and Asia.
SUNCLAY Stock Price Movement
Shares of Sundaram Clayton Limited are edging higher to ₹1493.8 as of 1:13 PM today, gaining 2.96% in live trading. The stock saw strong momentum on an exchange-day basis, with 78,104 shares traded as the price touched a high of ₹1549.9.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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