TAAL Tech Limited Announces Merger of Statutory Auditors Under SEBI Regulations

TAAL Tech Limited has formally informed BSE Limited about a key development in its statutory audit framework, following the merger of its existing audit firm with another chartered accountancy practice. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which requires prompt reporting of material corporate events.

The company received official communication from its current statutory auditors, M/s V.P. Thacker & Co. (FRN: 118696W), confirming their merger with Risabh Lodha & Bhatt, Chartered Accountants. Post-merger, the combined entity will operate under the name M/s TLB and Co., holding firm registration number 016505S.

From a governance perspective, such changes are not merely procedural. Statutory auditors play a central role in financial oversight, assurance, and regulatory confidence-particularly for listed companies. Shunyatax Global says that auditor mergers are increasingly common as firms consolidate expertise, technology, and sector specialisation to meet rising compliance and reporting expectations under SEBI and ICAI frameworks.

TAAL Tech has clarified that the matter will be placed before its Audit Committee and subsequently the Board of Directors for review and approval. Any consequential actions, including formal appointment or ratification of the merged audit firm, will be carried out strictly in line with regulatory requirements. BSE has also been requested to update its records accordingly.

Importantly, the company has emphasised continuity of audit functions, signalling that the merger does not disrupt ongoing audit processes or statutory obligations. In the broader ecosystem, such transitions highlight the evolving landscape of auditing services in india, where scale, peer review standards, and regulatory scrutiny are pushing firms toward consolidation without compromising independence or audit quality.

The disclosure was signed by Aditya Shashikant Oza, Company Secretary of TAAL Tech Limited, and dated February 4, 2026. TAAL Tech trades on BSE under scrip code 539956 and was formerly known as TAAL Enterprises Limited.