MOIL appoints V. K. Surana & Co. as statutory auditor for FY27

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • MOIL appointed V. K. Surana & Co. as statutory auditor for FY27
  • C&AG issued the appointment order on September 8, 2026
  • The firm was established in 1965 and has over 150 personnel
  • Compliance disclosure made under SEBI LODR Regulation 30
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MOIL has appointed V. K. Surana & Co. as its statutory auditor for the fiscal year 2026-27. The Comptroller & Auditor General of India issued the appointment order on September 8, 2026, which the company received on September 9, 2026.

The government-owned manganese ore miner disclosed the development in a filing with the National Stock Exchange and the Bombay Stock Exchange. The move complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Audit Firm Profile

V. K. Surana & Co. is a chartered accountancy firm established in 1965. The firm currently employs more than 150 personnel and is supported by 10 partners. It holds a valid peer review certificate issued by the peer review board of the Institute of Chartered Accountants of India.

The firm provides a range of services including:

  • Capital market and merchant banking advisory
  • Statutory, internal, and management audits
  • Mergers and acquisitions
  • Forensic audit and fraud investigation
  • Regulatory and internal financial controls
  • Financial and operational due diligence

Historical Stock Returns for MOIL

1 Day5 Days1 Month6 Months1 Year5 Years
+0.18%+0.61%-9.42%-13.97%-28.84%+48.77%

How might the appointment of V. K. Surana & Co. influence investor confidence in MOIL's financial transparency and governance standards?

Given the firm's expertise in forensic audits and fraud investigation, are there indications of heightened regulatory scrutiny or internal control reviews at MOIL?

Could this auditor appointment signal upcoming strategic shifts, such as potential mergers, acquisitions, or restructuring within the state-owned miner?

MOIL appoints Rashmi Singh to additional charge after director retirement

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Mirza Mohammed Abdulla ceases as Director (Production & Planning) on September 1, 2026
  • Exit follows attainment of superannuation age on August 31, 2026
  • Rashmi Singh takes additional charge of the role for three months
  • Assignment valid until November 30, 2026 or till regular incumbent joins
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MOIL Limited has ceased Mirza Mohammed Abdulla from the post of Director (Production & Planning) effective September 1, 2026. The exit follows his attainment of the age of superannuation on August 31, 2026.

The Ministry of Steel, Government of India, issued order number S-14014/1/2025-BLA-Part 1 dated August 24, 2026, assigning the additional charge of the role to Smt. Rashmi Singh, Director (Commercial). She will hold this position for an initial period of three months, from September 1, 2026, to November 30, 2026.

The appointment remains valid until the joining of a regular incumbent or until further orders, whichever occurs earlier. The company disclosed this development in a filing with the National Stock Exchange and Bombay Stock Exchange on September 1, 2026.

Key Personnel Changes

  • Mirza Mohammed Abdulla ceased as Director (Production & Planning) on September 1, 2026
  • Rashmi Singh assigned additional charge of Director (Production & Planning) w.e.f. September 1, 2026
  • Additional charge period extends until November 30, 2026 or till regular incumbent joins

Historical Stock Returns for MOIL

1 Day5 Days1 Month6 Months1 Year5 Years
+0.18%+0.61%-9.42%-13.97%-28.84%+48.77%

How might the temporary leadership transition in Production & Planning impact MOIL's quarterly output targets for Q4 2026?

What is the Ministry of Steel's timeline for appointing a permanent Director to replace Mirza Mohammed Abdulla?

Will Rashmi Singh's dual responsibilities as Director (Commercial) and acting Director (Production & Planning) affect strategic commercial negotiations?

More News on MOIL

1 Year Returns:-28.84%