News ArticleZydus Lifesciences appoints Walker Chandiok & Co LLP as statutory auditors from FY 2026-2027 for five years
Appointment effective post 32nd AGM replacing Deloitte Haskins and Sells LLP as part of mandatory auditor rotation under Companies Act
Zydus Lifesciences Limited announces the appointment of Walker Chandiok & Co LLP as its statutory auditors for a five-year term commencing from the conclusion of the 32nd AGM in fiscal year 2026-2027, replacing Deloitte Haskins and Sells LLP following mandatory auditor rotation guidelines.
Zydus Lifesciences Limited
Change in Management
Zydus Lifesciences Limited announced on November 4, 2026, that its Board approved the appointment of Walker Chandiok & Co LLP as statutory auditors for a five-year term starting after the 32nd Annual General Meeting for financial year 2026-2027, subject to member approval.
The appointment follows the completion of Deloitte Haskins and Sells LLP’s second consecutive five-year term as statutory auditors, in line with the mandatory auditor rotation requirements under section 139(2) of the Companies Act, 2013.
Walker Chandiok & Co LLP, a member firm of Grant Thornton International with over 90 years of history and 20 offices across India, will serve as auditors until the conclusion of the 37th AGM for the financial year 2031-2032.
The resolution for this appointment will be put to the shareholders for approval at the upcoming 32nd AGM.
Highlights
- Deloitte Haskins and Sells LLP completed two consecutive five-year auditor terms ending in FY 2026-2027.
- Walker Chandiok & Co LLP appointed for a first term of five years starting post 32nd AGM in FY 2026-2027.
- Appointment subject to shareholder approval at the 32nd AGM.
- Walker Chandiok & Co LLP has significant expertise with Indian listed companies and the pharmaceutical sector.
Key Data Snapshot
What happened
- Deloitte Haskins and Sells LLP will complete its second term as statutory auditors at the 32nd AGM for FY 2026-2027 and cease office.
- Zydus Lifesciences’ Board approved appointing Walker Chandiok & Co LLP as the new statutory auditors for a five-year term beginning post 32nd AGM.
- The appointment is subject to approval by shareholders at the 32nd AGM.
Key details
- Walker Chandiok & Co LLP is a Chartered Accountants firm and member of Grant Thornton International, established in 1935 and headquartered in New Delhi.
- The firm has nineteen offices across India and ninety-nine partners.
- It holds a valid peer review certificate and audits several large Indian listed companies, including pharmaceuticals and healthcare sector firms.
Regulatory and governance context
- The auditor change complies with mandatory auditor rotation requirements under section 139(2) of the Companies Act, 2013.
- The new auditors’ appointment term is five consecutive years from the conclusion of the 32nd AGM to the 37th AGM, subject to member approval.
Highlights
- Deloitte Haskins and Sells LLP completed two consecutive five-year auditor terms ending in FY 2026-2027.
- Walker Chandiok & Co LLP appointed for a first term of five years starting post 32nd AGM in FY 2026-2027.
- Appointment subject to shareholder approval at the 32nd AGM.
- Walker Chandiok & Co LLP has significant expertise with Indian listed companies and the pharmaceutical sector.
Disclosures
- Section 139(2) of the Companies Act, 2013
- SEBI Master Circular dated January 30, 2026
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