Tata Investment Corporation Limited Appoints New Joint Statutory Auditors
In a recent decision, the Board of Directors of Tata Investment Corporation Limited has sanctioned the appointment of M/s. CNK & Associates LLP, Chartered Accountants, as one of the joint statutory auditors for the company. This recommendation was made in conjunction with the Audit Committee’s suggestions, reflecting a strategic move towards enhancing the corporation’s financial governance.
Appointment Details
The appointment of CNK & Associates LLP is set for a consecutive term of three years, covering the financial audits for the company’s fiscal years ending on:
- March 31, 2026
- March 31, 2027
- March 31, 2028
This decision is pending approval by the shareholders during the upcoming Annual General Meeting (AGM).
Transition from Previous Auditors
The firm currently serving as auditors, M/s. Gokhale & Sathe, will conclude their tenure with the conclusion of the 88th Annual General Meeting of the company. This transition marks a significant shift as Tata Investment Corporation lays the groundwork for its future financial oversight with the new auditors.
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