Bajaj Finserv Re-appoints KKC & Associates LLP as Statutory Auditors for Second Term
Bajaj Finserv Limited's Board of Directors approved the re-appointment of KKC & Associates LLP as statutory auditors for a second 5-year term on 30 April 2026. The appointment, subject to shareholder approval at the forthcoming AGM, covers the period from the 19th to 24th Annual General Meeting until 31 March 2031. KKC & Associates LLP, established in 1936, operates across 4 cities with 17 partners and 400+ professionals, serving diverse clients including multinational corporations and SMEs.
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Bajaj Finserv Limited announced the re-appointment of KKC & Associates LLP as its statutory auditors for a second consecutive term, following a board meeting held on 30 April 2026. The decision was made based on the recommendation of the company's Audit Committee and requires shareholder approval at the upcoming Annual General Meeting.
Board Approval and Meeting Details
The Board of Directors meeting commenced at 11:15 a.m. IST and concluded at 2:05 p.m. IST on 30 April 2026. The board formally approved the re-appointment of KKC & Associates LLP, Chartered Accountants, bearing Firm Registration Number 105146W/W100621, as the company's statutory auditors.
Audit Term and Duration
| Parameter: | Details |
|---|---|
| Audit Firm: | KKC & Associates LLP |
| Registration Number: | 105146W/W100621 |
| Term Duration: | 5 consecutive years |
| Start Period: | Conclusion of 19th Annual General Meeting |
| End Period: | Conclusion of 24th Annual General Meeting |
| Audit Coverage: | Until financial year ended 31 March 2031 |
| Approval Required: | Shareholder approval at forthcoming AGM |
The re-appointment represents the auditing firm's second term with Bajaj Finserv, indicating continuity in the company's audit processes and relationships.
About KKC & Associates LLP
KKC & Associates LLP brings extensive experience to the auditing role, having been established in 1936 in Mumbai. The firm has grown significantly over the decades and currently maintains a strong presence across multiple locations.
Firm Profile and Capabilities
| Aspect: | Details |
|---|---|
| Establishment Year: | 1936 |
| Geographic Presence: | 4 cities |
| Leadership: | 17 partners |
| Professional Team: | 400+ dedicated professionals |
| Client Base: | Multinational companies, large corporations, SMEs, owner-managed businesses |
| Expertise Areas: | Financial manufacturing, service, and infrastructure |
The firm's diverse client portfolio and extensive experience in financial, manufacturing, service, and infrastructure sectors align well with Bajaj Finserv's business requirements.
Regulatory Compliance
The announcement was made pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure also complies with the SEBI Master Circular dated 30 January 2026, ensuring full regulatory transparency.
The re-appointment reflects Bajaj Finserv's commitment to maintaining robust audit practices and regulatory compliance while ensuring continuity in its financial oversight processes.
Historical Stock Returns for Bajaj Finserv
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.96% | -5.19% | +3.10% | -18.24% | -15.47% | +56.33% |
What factors might influence shareholder approval of KKC & Associates LLP's re-appointment at the upcoming AGM?
How could the continuity in audit relationships impact Bajaj Finserv's financial reporting efficiency and compliance costs over the next five years?
What changes in audit focus or methodology might KKC & Associates implement given their extended familiarity with Bajaj Finserv's operations?
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