Amara Raja Subsidiary's Auditor Resigns for Group Alignment
M/s Brahmayya & Co, Chartered Accountants, resigned as statutory auditors of Amara Raja Advanced Cell Technologies Private Limited (ARACT), a wholly owned subsidiary of Amara Raja Energy & Mobility Limited (ARE&M). The resignation, effective September 24, 2025, comes before the scheduled term end in 2028. The move aims to align the subsidiary's auditor with that of the holding company for enhanced operational efficiency. Brahmayya & Co confirmed no management concerns at ARACT. The firm had completed ARACT's audit up to March 31, 2025, and a limited review for the quarter ended June 30, 2025.

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Amara Raja Energy & Mobility Limited (ARE&M) announced a significant change in its auditing structure as M/s Brahmayya & Co, Chartered Accountants, resigned from their position as statutory auditors of Amara Raja Advanced Cell Technologies Private Limited (ARACT), a wholly owned material subsidiary of ARE&M.
Resignation Details
The resignation, effective September 24, 2025, comes nearly two years before the scheduled completion of their five-year term, which was set to expire on March 31, 2028. Brahmayya & Co had been appointed as ARACT's statutory auditors on August 29, 2023.
Reason for Resignation
The primary reason cited for the resignation is the company's strategic decision to align the statutory auditor of its subsidiary with that of the holding company. This move aims to enhance operational efficiency and maintain consistency in the audit process across the group.
Auditor's Statement
In their resignation letter, Brahmayya & Co confirmed that there were no concerns regarding the management of ARACT. They stated, "We confirm that there are no circumstances connected with our resignation which we consider should be brought to the attention of the members or creditors of the Company, other than the reason stated above."
Timing and Background
The resignation follows the completion of Brahmayya & Co's tenure as statutory auditors of the holding company, Amara Raja Energy & Mobility Limited, which concluded on August 14, 2025. Prior to their resignation, the firm had completed the statutory audit for ARACT up to March 31, 2025, and had also conducted a limited review of financial statements for the quarter ended June 30, 2025.
Regulatory Compliance
ARE&M has complied with the regulatory requirements by providing detailed information about the resignation as per the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015, and relevant SEBI circulars.
Looking Ahead
While the company has not yet announced a replacement for Brahmayya & Co, the move signals ARE&M's intent to streamline its auditing processes across its group of companies. This change is expected to bring about greater synergy and efficiency in the company's financial reporting structure.
Investors and stakeholders will likely be watching closely to see who ARE&M appoints as the new auditor for ARACT, and how this change might impact the company's financial reporting processes going forward.
Historical Stock Returns for Amara Raja Energy & Mobility
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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+0.31% | +1.93% | -2.45% | -1.72% | -26.50% | +64.96% |