Tata Motors plans Deloitte appointment, eyes debt issuance
Tata Motors (BSE: 500570) announced its intention to appoint Deloitte Haskins & Sells LLP as its statutory auditors, effective from the financial year 2027-28, ending March 31, 2028, subject to the completion of all regulatory compliances. Current statutory auditors, BSR & Co LLP, will continue until FY27. The selection of Deloitte followed a comprehensive auditor selection process overseen by the Audit Committee and approved by the Board of Directors. The appointment is subject to shareholder approval at the Annual General Meeting for FY27. In a separate announcement, the company disclosed plans to issue Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures on a private placement basis, aggregating up to ₹2,000 crore. The Committee of Directors will meet on March 19, 2025, to consider and approve the issuance.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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