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Lodha Developers appoints Walker Chandiok & Co. as new statutory auditor

Story Highlights
  • Lodha Developers will replace MSKA & Associates with Walker Chandiok & Co. as statutory auditor after the 31st AGM.
  • The five-year auditor appointment, subject to shareholder approval, strengthens governance and may bolster investor confidence.
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Lodha Developers appoints Walker Chandiok & Co. as new statutory auditor

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The latest announcement is out from Macrotech Developers Ltd. ( (IN:LODHA) ).

Lodha Developers Limited has announced a change in its statutory auditors, with M/s MSKA & Associates LLP set to retire at the conclusion of the upcoming 31st Annual General Meeting after completing their second consecutive five-year term. Based on the Audit Committee’s recommendation, the Board has approved the appointment of M/s Walker Chandiok & Co. LLP as the new statutory auditor for a five-year term starting FY 2026-27, subject to shareholder approval, bolstering governance with a leading audit firm serving many large and top-listed Indian companies.

The Board decision, taken at a meeting on 30 March 2026, underscores Lodha’s focus on regulatory compliance and alignment with SEBI’s listing obligations and disclosure requirements. Bringing in an established, widely recognized audit firm registered with ICAI, PCAOB and empanelled with the CAG is likely to reinforce confidence among debt and equity investors in the company’s financial reporting and oversight processes.

More about Macrotech Developers Ltd.

Lodha Developers Limited, formerly known as Macrotech Developers Limited, is a major Indian real estate developer focused on residential and commercial projects. The company is listed on Indian stock exchanges, including BSE and the National Stock Exchange debt segments, and targets investors through multiple listed debt instruments.

Average Trading Volume: 309,451

Technical Sentiment Signal: Sell

Current Market Cap: 698.1B INR

See more data about LODHA stock on TipRanks’ Stock Analysis page.

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