SAIL board approves re-appointment of cost auditors for FY27
Steel Authority of India Ltd's Board approved the re-appointment of M/s Shome & Banerjee, M/s Niran & Co., and M/s Narasimha Murthy & Co. as cost auditors for FY 2026-27. The decision, taken on July 6, 2026, complies with SEBI (LODR) Regulations, 2015.
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Steel Authority of India Ltd has approved the re-appointment of three cost auditors for the financial year 2026-27. The decision was taken by the Board of Directors during a meeting held on July 6, 2026. The re-appointments are in compliance with Regulation 30 and Part-A of Schedule III of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015.
The appointed firms include M/s Shome & Banerjee, based in New Delhi; M/s Niran & Co., located in Bhubaneswar; and M/s Narasimha Murthy & Co., operating out of Hyderabad. These firms will serve as cost auditors for the company for the upcoming financial year.
Appointed Cost Auditors
| Firm Name | Location |
|---|---|
| M/s Shome & Banerjee | New Delhi |
| M/s Niran & Co. | Bhubaneswar |
| M/s Narasimha Murthy & Co. | Hyderabad |
The intimation regarding this re-appointment was formally communicated to the stock exchanges on July 21, 2026. The filing was signed by M.B. Balakrishnan, Executive Director (Finance & Accounts) & Company Secretary of Steel Authority of India Ltd.
Historical Stock Returns for Steel Authority of India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.36% | -1.78% | -6.50% | +11.63% | +19.38% | +29.59% |
How will the re-appointment of these cost auditors impact SAIL's financial transparency and investor confidence?
What are the expected cost audit outcomes for FY 2026-27, and how might they influence SAIL's operational efficiency?
Could this decision signal any strategic shifts in SAIL's cost management or compliance practices?
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