Flair Writing appoints Price Waterhouse as new statutory auditor

Flair Writing Industries Limited ( (IN:FLAIR) ) has provided an update.

Flair Writing Industries Limited has approved the appointment of M/s Price Waterhouse Chartered Accountants LLP as its new statutory auditor for a five-year term, starting after the conclusion of the 10th Annual General Meeting and continuing until the 15th AGM, subject to shareholder approval. The change follows the completion of the tenure of the existing auditor, M/s Jeswani & Rathore, and brings in a large, peer-reviewed audit firm with extensive experience auditing listed companies, signaling an emphasis on strengthening audit oversight and aligning with best practices in financial reporting.

Price Waterhouse Chartered Accountants LLP, established in 1991 and converted to an LLP in 2014, will assume responsibilities after shareholder clearance, with the board’s decision based on the audit committee’s recommendation. The move may enhance stakeholder confidence in Flair Writing’s financial disclosures, given PwC’s broad assurance capabilities, network affiliation, and significant presence across India’s major markets.

More about Flair Writing Industries Limited

Flair Writing Industries Limited operates in the writing instruments industry, producing pens and related stationery products for consumer and institutional markets. The company is listed on Indian stock exchanges and adheres to Securities and Exchange Board of India listing and disclosure regulations in its corporate governance practices.

Average Trading Volume: 7,954

Technical Sentiment Signal: Strong Buy

Current Market Cap: 32.36B INR

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