The Bombay Chartered Accountants’ Society (BCAS) and The Auditors’ Association of Southern India (TAASI) jointly inaugurated the two-day “IPO and Tax Summit 2026” today at Residency Towers.
A press meet was held this evening in connection with the summit, during which Venkatesh, President of TAASI, and Zubin Billimoria, President of BCAS, addressed the media.
Kamesh, Secretary of TAASI; Survajith, Chairman of ICAI Coimbatore and committee member of TAASI; and Mahesh Prabu, Treasurer of TAASI, were also present.
The summit was inaugurated in the presence of leading industrialists, entrepreneurs, Chartered Accountants, tax professionals, startup founders, academicians and students.
The Chief Guest for the inaugural function was CA G. Ramaswamy, who addressed the gathering and emphasised the importance of continuous professional learning, ethical governance and financial discipline in the rapidly evolving business environment.
He highlighted that India is witnessing a significant transformation in areas such as capital markets, taxation, compliance and digital governance, making it essential for professionals and industries to remain updated and future-ready.
He appreciated the efforts of BCAS and TAASI in bringing a national-level technical summit to Coimbatore and stated that such initiatives would greatly benefit industries, entrepreneurs and young professionals in the region.
The summit marks a significant collaboration between two of India’s most respected professional institutions, both having a legacy of over 100 years in contributing towards the growth of the accounting, auditing, taxation and financial ecosystem of the country.
Addressing the media during the inaugural press briefing, CA Zubin Billimoria stated that Coimbatore has today emerged as one of India’s fastest-growing entrepreneurial and industrial centres with a strong presence in manufacturing, engineering, textiles, healthcare, exports, information technology and startups.
He observed that many family-managed businesses and MSMEs in the region are entering a transformational phase where they are looking at structured growth, institutional investments, governance reforms and capital market opportunities, including IPOs.
In such a scenario, awareness on financial structuring, taxation, compliance and succession planning becomes highly essential.
He further stated that the objective of the summit is to bring practical, industry-oriented and nationally relevant professional knowledge to Coimbatore so that businesses and professionals in the region can prepare themselves for the next phase of economic and corporate growth.
According to him, knowledge-sharing initiatives conducted by institutions like BCAS and TAASI would play a vital role in bridging the gap between industry and professionals while also creating better awareness among young Chartered Accountants and entrepreneurs.
Speaking at the press briefing, CA S. Venkatesh stated that the partnership between BCAS and TAASI represents the coming together of two century-old professional organisations committed towards strengthening professional excellence and supporting India’s evolving business ecosystem.
He highlighted that Coimbatore today is witnessing rapid industrial expansion and increasing entrepreneurial activity across sectors, including textiles, engineering, manufacturing, exports and technology-driven businesses.
Many traditional enterprises are now exploring expansion through institutional funding, strategic restructuring and succession planning.
He further noted that the summit has been curated to provide practical guidance on critical subjects such as IPO readiness, FEMA regulations, GST litigation, Direct Tax developments and private trust structures, which are becoming increasingly important for businesses aiming for sustainable and compliant growth.
According to him, bringing eminent national speakers and technical experts to Coimbatore would significantly benefit professionals, corporates, MSMEs, startups and students while enhancing the city’s reputation as a major commercial and professional hub in South India.
The summit features expert-led sessions on:
- IPO preparedness and corporate governance
- Merchant banking and valuation perspectives
- Succession planning through private trusts
- FEMA and outward remittance regulations
- GST litigation and Input Tax Credit issues
- Direct Tax updates and practical case studies
- E-Way Bill issues and proceedings under Sections 129 & 130
The organizers informed that the event has received an enthusiastic response from Chartered Accountants, tax practitioners, corporates, entrepreneurs, industrial associations, startups and students from across Tamil Nadu and neighboring states.
The summit is expected to create greater awareness on emerging regulatory and financial developments while fostering stronger collaboration between industry, professionals and the business community.
