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| Exchange Disseminated Time | Asian Paints Ltd has informed BSE that the Board of Directors of the Company at its meeting held January 18, 2016, have, subject to the approval of the shareholders at the ensuing 70th Annual General Meeting, approved the appointment of M/s. Deloitte Haskins & Sells LLP, Chartered Accountants, Firm Registration No. 117366W/W-100018, as the Joint Auditors of the Company, along with existing Auditors, M/s. B S R & Co., LLP, Chartered Accountants, Firm Registration No. 101248W/W-100022, in accordance with the applicable provisions of the Companies Act, 2013 read with the Rules issued thereunder and the Listing Regulations.
The tenure of M/s. B S R & Co., LLP, Chartered Accountants as Auditors will come to an end in the financial year 2016-17 in accordance with provisions of the Companies Act, 2013 and Rules thereunder.
In order to ensure smooth transition and handover, M/s. B S R & Co., LLP. Chartered Accountants and M/s. Deloitte Haskins & Sells LLP, Chartered Accountants, shall be the Joint Auditors of the Company for the financial year 2016-17.
Further M/s. Deloitte Haskins & Sells LLP, Chartered Accountants, shall, subject to the approval of the shareholders at the ensuing Annual General Meeting, hold office from conclusion of 70th Annual General Meeting till conclusion of 75th Annual General Meeting.
The Company has received the certificate(s) of eligibility as in accordance with Section 139, Section 141 and other applicable provisions of the Companies Act, 2013 and Rules thereunder, from both M/s. Deloitte Haskins & Sells LLP, Chartered Accountants and M/s. B S R & Co., LLP, Chartered Accountants. |
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