Cambridge Technology Enterprises appoints S B C & Co. as statutory auditor
- Cambridge Technology Enterprises appointed M/s. S B C & Co. as new statutory auditors
- Retiring auditors M/s. B R A N D & Associates LLP completed their five-year term
- The 27th AGM is scheduled for September 29, 2026, via video conference
- Register of members will remain closed from September 23 to September 29, 2026
*this image is generated using AI for illustrative purposes only.
Cambridge Technology Enterprises approved the appointment of M/s. S B C & Co., Chartered Accountants, as its new statutory auditors. The board also scheduled its 27th Annual General Meeting for September 29, 2026.
The decision replaces retiring auditors M/s. B R A N D & Associates LLP, who completed their mandatory five-year term. The appointment of S B C & Co. is subject to shareholder approval at the upcoming AGM.
Auditor Appointment Details
The Audit Committee recommended the appointment based on a peer review certificate valid until July 31, 2028. If approved by members, S B C & Co. will hold office from the conclusion of the 27th AGM until the conclusion of the 32nd AGM in calendar year 2031.
| Particulars | Details |
|---|---|
| New Auditor | M/s. S B C & Co., Chartered Accountants |
| FRN | 004673S |
| Term | Five consecutive years |
| Predecessor | M/s. B R A N D & Associates LLP |
S B C & Co. operates with 14 partners and 128 staff across multiple Indian cities. The firm offers statutory audit, tax audit, and advisory services across various sectors including IT, pharma, and manufacturing.
AGM Logistics
The company will convene its 27th AGM on Tuesday, September 29, 2026, through video conferencing or other audio-visual means. Ms. Komal Singh, Partner at RKS & Associates, Delhi, has been appointed as the scrutinizer for the e-voting process.
Key dates for shareholders include:
- Cut-off date for voting entitlement: September 22, 2026
- Closure of register of members: September 23, 2026 to September 29, 2026
The notice convening the AGM, along with the Directors’ Report and Annual Report for FY25-26, will be circulated to members in due course.
Historical Stock Returns for Cambridge Technology Enterprises
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.62% | -12.63% | +23.60% | +52.35% | +6.23% | -12.10% |
How might the transition from B R A N D & Associates to S B C & Co. impact Cambridge Technology Enterprises' financial reporting timelines or audit rigor?
Given S B C & Co.'s expertise in IT and pharma sectors, will their appointment signal a strategic shift in Cambridge Technology's focus or compliance standards?
What potential changes in internal control frameworks should investors anticipate during the handover period between the retiring and new auditors?
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