other material
confidence high
sentiment neutral
materiality 0.25
Novelis Inc.: auditor change — Novelis selects EY as new auditor; PwC dismissed after FY 2027 audit
Novelis Inc.
- Audit Committee approved Ernst & Young as independent auditor for FY ending March 31, 2028.
- Current auditor PwC dismissed effective after completing FY 2027 audit; no disagreements or reportable events.
- Change driven by mandatory audit firm rotation requirements in India (Hindalco indirect parent).
- PwC provided letter agreeing with disclosures, attached as Exhibit 16.1.