News ArticleSolar Industries India Announces Q2 & H1 2026 Unaudited Financial Results and Names Price Waterhouse as Joint Statutory Auditor
Board approves appointment of new statutory auditor M/s Price Waterhouse Chartered Accountants LLP for five years from 2027 AGM, pending shareholder approval
Solar Industries India Limited announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The company also approved the appointment of M/s Price Waterhouse Chartered Accountants LLP as a new statutory auditor, alongside reappointment of M/s Gandhi Rathi & Co., subject to shareholder approval.
Solar Industries India Limited
Financial Results
Solar Industries India Limited has released its unaudited standalone and consolidated financial results for the quarter and half year ending September 30, 2026, alongside appointing M/s Price Waterhouse Chartered Accountants LLP as joint statutory auditors starting from the 2027 AGM.
The Board of Directors met on November 3, 2026, to approve the unaudited financial statements for the specified period along with a limited review report by statutory auditors.
The Board also ratified the appointment of M/s Price Waterhouse Chartered Accountants LLP as the new statutory auditor replacing the retiring M/s SRBC & Co. LLP and approved reappointment of M/s Gandhi Rathi & Co. as joint statutory auditors for a five-year term subject to shareholders' approval at the 32nd AGM in 2027.
The meeting commenced at 12:45 p.m. and concluded at 1:30 p.m. at the Company’s registered office in Nagpur.
Highlights
- Unaudited standalone and consolidated financial results approved for quarter and half year ended September 30, 2026.
- Limited Review Report completed for the announced financial results.
- Appointment of M/s Price Waterhouse Chartered Accountants LLP as joint statutory auditors from 2027-2032 cycle.
- Re-appointment of M/s Gandhi Rathi & Co. as joint statutory auditors confirmed.
- Appointment of new auditors subject to shareholder approval at 32nd Annual General Meeting in 2027.
Key Data Snapshot
What happened
- Solar Industries India Limited approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.
- The Board also approved the appointment of M/s Price Waterhouse Chartered Accountants LLP as new joint statutory auditors, replacing the retiring auditors.
- M/s Gandhi Rathi & Co. was re-appointed as joint statutory auditors for a five-year term from the 32nd AGM in 2027 to the 37th AGM in 2032 subject to shareholder approval.
Key details
- The board meeting was held on November 3, 2026 at the company's registered office in Nagpur.
- The limited review report of the financial results was issued by statutory auditors.
- The new auditor firm has ICAI Firm Registration No. 012754N/N500016.
- The retiring auditor firm M/s SRBC & Co. LLP held ICAI Firm Registration No. 324982E/E300003.
Regulatory and governance context
- Appointment of new statutory auditors subject to approval by shareholders at the 32nd Annual General Meeting of the company.
- The company complied with SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 during the disclosures.
- The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS).
Highlights
- Unaudited standalone and consolidated financial results approved for quarter and half year ended September 30, 2026.
- Limited Review Report completed for the announced financial results.
- Appointment of M/s Price Waterhouse Chartered Accountants LLP as joint statutory auditors from 2027-2032 cycle.
- Re-appointment of M/s Gandhi Rathi & Co. as joint statutory auditors confirmed.
- Appointment of new auditors subject to shareholder approval at 32nd Annual General Meeting in 2027.
Disclosures
- SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
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