NTPC appoints five joint statutory auditors for FY27
- NTPC Limited appointed five joint statutory auditors for FY27
- Appointments were made by the C&AG on September 18, 2026
- Firms include Hem Sandeep & Co, OP Bagla & Co, and PSD & Associates
- Disclosure was made under SEBI LODR Regulation 30
*this image is generated using AI for illustrative purposes only.
NTPC Limited appointed five chartered accountancy firms as joint statutory auditors for the financial year 2026-27. The Comptroller and Auditor General of India made the appointments on September 18, 2026.
The company disclosed the details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointment follows a prior intimation sent to stock exchanges on September 8, 2026.
Auditors Appointed
The five firms appointed for the term are:
| Firm Name | Location |
|---|---|
| M/s. Hem Sandeep & Co. | New Delhi |
| M/s. OP Bagla & Co. | Delhi |
| M/s. Laxminiwas & Co. | Hyderabad |
| M/s. PSD & Associates | New Delhi |
| M/s. Laldash & Co. | Bhubaneswar |
Firm Profiles
M/s. Hem Sandeep & Co., established in 1989, holds over 37 years of experience. The firm specializes in power sector audits, with engagements including Air India, Powergrid, and Coal India. It is empaneled with the RBI as a Category-I firm and the C&AG for major audits.
M/s. OP Bagla & Co., founded in 1967 and converted to an LLP in 2018, brings over 59 years of experience. The firm serves a diverse client base ranging from retail businesses to large industrial undertakings.
M/s. Laxminiwas & Co., established in 1977, has more than 49 years of legacy. With 18 partners and over 30 chartered accountants, the firm operates across five cities. It is part of the KSL Network Alliance.
M/s. PSD & Associates, headquartered in Jaipur but operating from New Delhi among other hubs, was established in 1988. The firm holds a Category-I empanelment with the C&AG (Ranking #36 for 2022-23). Its past statutory audit engagements include NTPC Limited, ONGC, and PNB.
M/s. Laldash & Co., based in Bhubaneswar, was established in 1989. The firm has over 30 years of experience handling PSUs and government organizations in Odisha.
Historical Stock Returns for NTPC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.81% | -3.39% | -3.96% | -15.57% | -3.79% | +161.54% |
How might the appointment of five joint auditors impact NTPC's financial reporting timelines and compliance costs for FY 2026-27?
Could the inclusion of regional firms like Laldash & Co. signal a strategic shift towards enhanced oversight of NTPC's operations in eastern India?
What implications does this auditor rotation have for NTPC's upcoming capital expenditure disclosures and debt covenant compliance?
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