Arvind SmartSpaces Limited has appointed M/s. Walker Chandiok & Co LLP as its Statutory Auditors to address a casual vacancy in the role. The Board of Directors approved the move at its meeting held on August 7, 2026, following a recommendation from the Audit Committee. This appointment replaces M/s. S R B C & Co LLP, which resigned from the position.

The new statutory auditors will hold office from August 7, 2026, until the conclusion of the company’s ensuing 18th Annual General Meeting (AGM). Subject to shareholder approval at that meeting, Walker Chandiok & Co LLP is set to be appointed for a term of five consecutive years. This longer tenure would commence from the conclusion of the 18th AGM and extend until the conclusion of the 23rd AGM, scheduled to be held in 2031.

The appointment was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also cited compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, dated July 11, 2023, and last updated on January 30, 2026. Prakash Makwana, Company Secretary, signed the intimation submitted to the Bombay Stock Exchange and the National Stock Exchange of India.

Auditor Profile

Walker Chandiok & Co LLP is a firm of Chartered Accountants registered with the Institute of Chartered Accountants of India (ICAI) under Firm Registration No. 001076N/N500013. Established in 1935, the firm maintains its registered office in New Delhi and operates nineteen other offices across major cities in India. It currently has ninety-seven partners.

The firm is empanelled with the Comptroller and Auditor General of India (CAG) and is registered with the Public Company Accounting Oversight Board (PCAOB). It holds a valid peer review certificate and provides audit and assurance services to several large companies, including some of the top one hundred listed entities in India.

Appointment Details

The company disclosed that there are no relationships between directors and the appointed auditors requiring disclosure under the relevant regulations.

Arvind SmartSpaces Limited has accepted the resignation of M/s. S R B C & Co LLP as its statutory auditor, effective August 7, 2026. The audit firm tendered its resignation after completing the maximum permissible tenure of 10 consecutive years, having served from financial year 2016-17 through 2025-26. This regulatory-mandated change ensures compliance with Section 139(2) of the Companies Act, 2013 and Rule 6 of the Companies (Audit and Auditors) Rules, 2014, requiring rotation to maintain auditor independence.

The resignation was formally communicated via a letter dated August 7, 2026, signed by Partner Shreyans Ravrani. S R B C & Co LLP stated that its tenure concludes at the ensuing 18th Annual General Meeting (AGM), although it was originally appointed at the 14th AGM held on August 12, 2022, to hold office until the conclusion of the 19th AGM in 2027. The firm confirmed that it has not commenced the audit for the financial year ending March 31, 2027.

Arvind SmartSpaces’ Audit Committee and Board of Directors reviewed and accepted the resignation during meetings held on August 7, 2026. The company disclosed the development pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, dated July 11, 2023, and last updated on January 30, 2026.

The outgoing auditors confirmed they have completed all pending statutory obligations. They issued their audit report for the financial year ended March 31, 2026, dated May 20, 2026. Additionally, they performed a limited review for the quarter ended June 30, 2026, issuing the corresponding report on August 7, 2026. No concerns or material disagreements were cited in the resignation letter, and no management-imposed limitations were reported.

Key Details of Resignation

Regulatory Compliance and Next Steps

As per statutory requirements, S R B C & Co LLP will file a statement in Form ADT-3 with the Registrar of Companies. Arvind SmartSpaces must now appoint a new statutory auditor to hold office from the conclusion of the upcoming AGM. The company will likely seek shareholder approval for the new appointment at its next general meeting, ensuring continuity in financial oversight without disruption to the ongoing fiscal year audit process.