Bharti Hexacom Limited has announced a significant change in its statutory auditing arrangements, with the Board of Directors approving the appointment of S.R. Batliboi & Associates LLP as the company's new statutory auditors. The appointment will take effect from the conclusion of the 32nd Annual General Meeting scheduled for calendar year 2027.

Auditor Transition Details

The company disclosed that Deloitte Haskins & Sells LLP, the current statutory auditors, will retire upon the conclusion of the 32nd AGM in 2027 after completing their second consecutive term. The transition follows regulatory requirements and represents a planned succession in the company's auditing arrangements.

Selection Process and Approval

The appointment of S.R. Batliboi & Associates LLP resulted from a comprehensive and transparent selection process overseen by the company's Audit Committee. Based on the committee's recommendation, the Board of Directors approved the appointment on March 10, 2026. The decision is subject to approval from the company's shareholders at the upcoming AGM.

About S.R. Batliboi & Associates LLP

S.R. Batliboi & Associates LLP is a limited liability partnership firm incorporated in India in 1949, with its registered office in Kolkata and offices across key cities in India. The firm holds registration with the Institute of Chartered Accountants of India under firm registration number 101049W/E300004.

The firm operates as part of the S.R. Batliboi & Affiliates network, which includes:

• S.R. Batliboi & Co LLP
• S.R. Batliboi & Associates LLP
• S R B C & CO LLP
• S.V. Ghatalia & Associates LLP

Service Capabilities and Client Base

S.R. Batliboi & Associates LLP and its network firms are primarily engaged in providing audit and assurance services to clients. The firm has extensive experience auditing several large listed and private companies across diverse market segments including Industrial, Infrastructure, Consumer Products, Financial Services, Technology, Media and Entertainment, Telecommunications, and Professional Services.

Regulatory Compliance

The company submitted this disclosure in compliance with Regulation 30 and other applicable provisions of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The announcement was made to both the National Stock Exchange of India Limited and BSE Limited, ensuring full regulatory compliance and transparency with stakeholders.

Bharti Hexacom Ltd. recorded a notable block trade on the National Stock Exchange (NSE), with significant trading activity capturing market attention. The transaction involved a substantial volume of shares at a specific price point, reflecting institutional investor interest in the telecommunications company.

Block Trade Details

The NSE block trade involved key parameters that highlight the scale of the transaction:

Transaction Significance

Block trades typically involve large institutional investors, mutual funds, or other significant market participants looking to execute substantial transactions without impacting regular market trading. The transaction at Rs. 1625.30 per share represents a considerable investment in Bharti Hexacom's equity.

The total value of Rs. 17.66 crores for approximately 108,671 shares demonstrates the substantial nature of this block deal. Such transactions often indicate strategic positioning by institutional investors or portfolio rebalancing activities.

Market Activity

Block trades on the NSE are executed through a separate window, allowing large transactions to occur without affecting the regular trading session's price discovery mechanism. This particular transaction in Bharti Hexacom shares reflects continued institutional interest in the telecommunications sector.