Poonawalla Fincorp appoints B. K. Khare & Co. as joint statutory auditors

Arunika Jain — Tue, 05 May 2026 11:31:28 +0000

Poonawalla Fincorp has announced the appointment of B. K. Khare & Co., Chartered Accountants, as its new joint statutory auditors. This decision was made during the company’s Board of Directors meeting held on May 5, 2026, following the recommendation of the Audit Committee. B. K. Khare & Co. will assume the role from the conclusion of the 46th Annual General Meeting (AGM) and will serve until the conclusion of the 49th AGM, pending approval from the company’s members.

The appointment comes as the term of the current joint statutory auditors, Kirtane & Pandit LLP, is set to conclude at the end of the 46th AGM. The change aligns with the Reserve Bank of India’s guidelines for the appointment of statutory auditors for financial institutions, including non-banking financial companies (NBFCs).

B. K. Khare & Co. is a well-established firm in the field of assurance, direct tax, transfer pricing, indirect tax, and risk advisory services. With over six decades of experience, the firm operates from multiple locations across India, including Mumbai, Pune, Bangalore, Delhi, and Chennai, and has a significant presence in various sectors such as NBFC, banking, insurance, and more.

Additionally, Poonawalla Fincorp‘s Board has approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The company has decided not to declare a dividend for the financial year 2025-26, opting instead to conserve capital for future growth.

The company also announced that its 46th AGM will be held on July 24, 2026, through video conferencing or other audio-visual means.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

B. K. Khare & Co. | Business Upturn

Poonawalla Fincorp appoints B. K. Khare & Co. as joint statutory auditors