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S.R. Batliboi is appointed as a Paytm auditor

Who are the auditors of Paytm? In a surprising development, PricewaterhouseCoopers (PwC) India has stepped down as the auditor of Paytm Payments Services. The payments aggregator, Paytm, confirmed this on August 7. Following this resignation, the Kolkata-based SR Batliboi and Associates LLP has been appointed as the new official auditor.

S.R. Batliboi is appointed as a Paytm auditor: Paytm on Wednesday said its shareholders have approved the appointment of a new statutory auditor, S.R. Batliboi & Associates LLP, for five years. S.R. Batliboi & Associates LLP has been approved as the new statutory auditor of Paytm for five years in the 23rd annual general meeting held on September 12, Paytm said in an exchange filing.

Daily Current Affairs Quiz: September 2023

SHORT QUESTION
Who are the auditors of Paytm?

In a surprising development, PricewaterhouseCoopers (PwC) India has stepped down as the auditor of Paytm Payments Services. The payments aggregator, Paytm, confirmed this on August 7. Following this resignation, the Kolkata-based SR Batliboi and Associates LLP has been appointed as the new official auditor.

The previous statutory auditor, Price Waterhouse Chartered Accountants LLP, completed its term at the conclusion of the AGM. 

Price Waterhouse Chartered Accountants LLP on August 7 had announced its resignation as auditor of Paytm Payments Services Limited with immediate effect.

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