Oberoi Realty Limited has approved the appointment of B S R & Co. LLP as its statutory auditors for a five-year term spanning 2027 to 2032. The decision follows the recommendation of the Audit Committee and is subject to approval by the company's members.

The appointment will commence upon the conclusion of the 29th Annual General Meeting (AGM) in 2027 and continue until the conclusion of the 34th AGM in 2032. This change marks the end of the current tenure held by S R B C & Co. LLP, whose second term expires at the upcoming 29th AGM.

Auditor Profile and Details

B S R & Co. LLP is a prominent chartered accounting firm with a significant presence in India. The firm was originally constituted as a partnership in 1990 and converted into a limited liability partnership in 2013. It operates as a member entity of B S R & Affiliates, a network registered with the Institute of Chartered Accountants of India (ICAI).

Key details regarding the new auditor include:

• ICAI Firm Registration No.: 101248W/W-100022
• Staff Strength: Over 4,000 employees
• Partner Count: More than 170 partners
• Locations: Offices across 14 locations in India

Regulatory Compliance and Timeline

The Board of Directors met on October 16, 2026, to approve this appointment pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 2:30 pm and concluded at 3:45 pm. The disclosure was made to both BSE Limited and National Stock Exchange of India Limited through their respective listing platforms.

The transition ensures continuity in audit oversight, aligning with standard corporate governance practices where auditor tenures are periodically reviewed and rotated. The new engagement begins after the current auditor's mandated term concludes, ensuring no overlap or gap in statutory auditing services.

Oberoi Realty declared a second interim dividend of ₹2 per equity share for FY27. The payout represents 20% of the face value of ₹10 per share.

Shareholders on record as of October 23, 2026, will be eligible for this distribution. The company will commence payments from October 30, 2026.

Board approval details

The decision was taken by the Board of Directors during a meeting held on October 16, 2026. The session commenced at 2:30 pm and concluded at 3:45 pm. This disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dividend structure

The dividend is calculated at 20% of the equity share face value. This marks the second such payout announced for the current fiscal year. No further financial metrics or operational results were disclosed alongside this corporate action.