Samvardhana Motherson International Limited has announced the appointment of M/s B S R & Co. LLP as its new Statutory Auditor. The decision was taken by the Board of Directors at its meeting held on May 20, 2026, based on the recommendation of the Audit Committee.

Appointment Details

The new auditor has been appointed for a term of five years. The tenure will commence from the conclusion of the 40th Annual General Meeting (AGM), scheduled for 2027, and will continue until the conclusion of the 45th AGM, to be held in 2032. This appointment is subject to approval by the shareholders and other statutory requirements, including auditor independence norms.

Transition from Current Auditor

M/s S. R. Batliboi & Co. LLP, the current Statutory Auditor, will continue to perform the audit duties until the conclusion of the 40th AGM in 2027. This marks the completion of their second consecutive five-year term with the company.

Profile of New Auditor

M/s B S R & Co. LLP was originally constituted as a partnership firm on March 27, 1990, and converted into a Limited Liability Partnership on October 14, 2013. The firm is a member entity of B S R & Affiliates, a network registered with the Institute of Chartered Accountants of India (ICAI). With over 4,000 staff members and 170 partners across 14 locations, the firm serves as a statutory auditor for several listed companies in India.

Samvardhana Motherson International Limited has announced the appointment of statutory auditors for the financial year 2026-27. The decision was taken by the Board of Directors during its meeting held on May 20, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The board approved the appointment of M/s. M.R. Vyas and Associates, Cost Accountants, to serve as the Cost Auditor for the company. The firm, based in Kanpur, holds Firm Registration No. 101394 and brings extensive experience in cost accounting records and certification, including projects with public sector undertakings and private companies.

Internal Auditor Appointments

In addition to the Cost Auditor, the board appointed four firms as Internal Auditors for identified business divisions of the company. These appointments are also valid for the financial year 2026-27. The appointed firms include M/s P.R. Mehra & Co., a firm established in 1921 with a history of serving corporates and providing internal audit services overseas.

Other firms appointed include M/s Protiviti India Member Private Limited, part of a global consulting network, and M/s Arth & Associates, a Chartered Accountants firm established in 1978 with offices in Pune, Mumbai, and Akola. The fourth firm, M/s TAMS & CO LLP, offers services in statutory and internal audit, taxation, and ESG auditing.

Appointment Details

The table below summarizes the key details regarding the auditor appointments:

The board meeting commenced at 1000 Hours IST and concluded at 1420 Hours IST on the same day. The company has confirmed that there are no disclosures required regarding relationships between directors in respect of these appointments.