Bharat Parenterals Limited has announced the proposed appointment of M/s. Shah Mehta & Bakshi as the new Statutory Auditors for the company and its material subsidiary.

The appointment is for a five-year term, subject to shareholder approval at the upcoming 32nd Annual General Meeting.

M/s. Shah Mehta & Bakshi, a Chartered Accountants firm established in 1986, brings extensive experience, including expertise in the pharmaceutical sector.

This move ensures continued robust financial oversight and compliance, which is crucial for maintaining transparency and investor confidence in the company's financial reporting.