Nuvoco Vistas appoints Walker Chandiok as statutory auditor

Nuvoco Vistas Corporation has appointed M/s. Walker Chandiok & Co LLP as its statutory auditors effective July 13, 2026, to fill a casual vacancy created by the resignation of M/s. M S K A & Associates LLP. The Audit Committee and the Board of Directors approved the appointment at their respective meetings held on July 13, 2026. The new auditors will hold office until the conclusion of the ensuing Annual General Meeting (AGM).

The Board has recommended the appointment of Walker Chandiok for a term of five consecutive years by the shareholders. If approved, the firm will serve from the conclusion of the 27th AGM until the conclusion of the 32nd AGM, scheduled for the year 2031. This recommendation is subject to shareholder approval.

Walker Chandiok is a firm of Chartered Accountants registered with the Institute of Chartered Accountants of India (ICAI), the Public Company Accounting Oversight Board (PCAOB), and empaneled with the Comptroller and Auditor General of India (CAG). Established in 1935, the firm operates from its registered office in New Delhi and 18 other offices across major cities in India. It employs 97 partners and holds a valid peer review certificate.

The firm is recognized as one of India's leading audit firms, providing audit and assurance services to several large companies, including some of the top 100 listed entities in the country. The resignation of the previous auditor, M/s. M S K A & Associates LLP, necessitated the immediate appointment to fill the casual vacancy.

Appointment Details

Particulars	Details
Name of the Auditors	M/s. Walker Chandiok & Co LLP, Chartered Accountants (Firm Registration No. 001076N/N500013)
Reason for change	Appointment to fill casual vacancy caused by resignation of M/s. M S K A & Associates LLP
Date of appointment	July 13, 2026
Initial term	Until the conclusion of the ensuing 27th AGM
Recommended term	5 consecutive years from the conclusion of the 27th AGM until the conclusion of the 32nd AGM (2031)

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.76%	+14.47%	+15.45%	+4.41%	-9.33%	-31.85%

M/s. M S K A & Associates LLP has resigned as the statutory auditors of nuvoco vistas corporation effective July 13, 2026, following the conclusion of a board meeting. The firm cited the completion of its permissible 10-year term under Section 139 of the Companies Act, 2013, as the reason for stepping down. The auditors stated they have completed audits for 10 financial periods, from FY 2016-17 to FY 2025-26, including a casual vacancy appointment.

The Audit Committee and the Board of Directors of Nuvoco Vistas Corporation Limited met on July 13, 2026, to accept the resignation letter submitted by the auditors. M S K A & Associates LLP was originally appointed to fill a casual vacancy in FY 2016-17 and was subsequently re-appointed at the 23rd Annual General Meeting held on August 5, 2022. Their term was initially scheduled to continue until the conclusion of the 28th AGM in 2027.

In its resignation letter, the firm clarified that its decision was based on its interpretation of the Companies Act, 2013, and that it has expressed its inability to continue beyond the completed 10-year tenure. The auditors confirmed there were no other material reasons for the resignation and that no concerns or limitations regarding audit evidence were reported prior to the decision.

The company disclosed that the resignation was intimated to the exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The latest limited review report submitted by the outgoing auditors was for the quarter ended June 30, 2026, submitted on July 13, 2026.

Details of Resignation

Particulars	Details
Name of the Company	Nuvoco Vistas Corporation Limited
Name of the Auditors	M/s. M S K A & Associates LLP
Firm Registration No.	105047W/W101187
Reason for Resignation	Completion of term as per Section 139 of the Companies Act, 2013
Date of Cessation	July 13, 2026
Latest Audit Report	Limited Review Report for Q1 FY27 dated July 13, 2026