NTPC appoints five joint statutory auditors for FY27

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Reviewed by
Riya DScanX News Team
Key Highlights
  • 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
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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 Day5 Days1 Month6 Months1 Year5 Years
+0.74%-0.98%-5.68%-16.61%-6.53%+121.12%

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?

NTPC appoints five firms as statutory auditors for FY27

scanx
Reviewed by
Anirudha BScanX News Team
Key Highlights
  • NTPC appointed five CA firms as statutory auditors for FY27
  • Appointments follow September 7, 2026 letter from C&AG
  • Firms include Hem Sandeep & Co and O P Bagla & Co, LLP
  • Disclosure made per SEBI LODR Regulation 30 requirements
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*this image is generated using AI for illustrative purposes only.

NTPC Limited has appointed five chartered accountant firms to serve as its statutory and joint statutory auditors for the financial year 2026-27. The appointments were made pursuant to a letter dated September 7, 2026, from the Comptroller and Auditor General of India (C&AG).

The company notified BSE Limited on September 8, 2026, regarding the regulatory compliance under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointed Audit Firms

The C&AG has designated the following firms for the upcoming fiscal year:

Firm Name Status
M/s Hem Sandeep & Co Appointment
M/s O P Bagla & Co, LLP Appointment
M/s Laxminivas & Co Appointment
M/s P S D & Associates Appointment
M/s Laldash & Co Appointment

All five entities are listed as new appointments for the period.

Regulatory Compliance

NTPC stated that further details required under Regulation 30 of the SEBI LODR regulations, as amended by the SEBI Master Circular dated January 30, 2026, will be provided in due course. The disclosure was signed by Ritu Arora, the Company Secretary and Compliance Officer.

Historical Stock Returns for NTPC

1 Day5 Days1 Month6 Months1 Year5 Years
+0.74%-0.98%-5.68%-16.61%-6.53%+121.12%

How might the rotation to five new statutory auditors impact NTPC's audit timeline and financial reporting consistency for FY 2026-27?

What specific regulatory changes in the SEBI Master Circular dated January 30, 2026, necessitate the detailed disclosures NTPC plans to provide?

Are there any potential conflicts of interest or prior relationships between these newly appointed firms and NTPC's management that investors should scrutinize?

More News on NTPC

1 Year Returns:-6.53%