GE Power India Reappoints Deloitte Haskins & Sells as Statutory Auditors
GE Power India Limited's Board approved the re-appointment of Deloitte Haskins & Sells as Statutory Auditors for five years, pending shareholder approval at the AGM. They also appointed Ernst & Young LLP as Internal Auditor and Yogesh Gupta & Associates as Cost Auditor for FY 2026-27. The decisions were made during a board meeting on May 11, 2026.
The re-appointment of statutory auditors and appointment of internal and cost auditors are routine corporate actions and do not significantly impact the company's financial performance or operational strategy in the short term.
The announcement pertains to routine auditor appointments and re-appointments, which are standard corporate governance procedures and do not inherently carry a positive or negative financial implication.
GE Power India Limited announced that its Board of Directors, based on the recommendation of the Audit Committee, has approved the re-appointment of M/s. Deloitte Haskins & Sells as Statutory Auditors for a second consecutive term of five years. This re-appointment is subject to shareholder approval at the upcoming Annual General Meeting (AGM). The current term of the statutory auditors expires at the conclusion of the ensuing AGM. The Board also approved the appointment of M/s. Ernst & Young LLP as the Internal Auditor and M/s. Yogesh Gupta & Associates as the Cost Auditor for the Financial Year 2026-27. The Board meeting commenced at 05:39 P.M. and concluded at 08:50 P.M. on Monday, 11 May 2026.
Deloitte Haskins & Sells is noted as one of the world's largest professional services firms, with Deloitte India being a leading firm in the country, possessing the scale and capacity to serve across various locations. Ernst & Young LLP is described as a global professional services organization operating in over 150 countries, focused on building a better working world and creating long-term value. M/s. Yogesh Gupta & Associates is a Cost Accountant who has graduated from Delhi University and is a Fellow Member of ICAI (Cost) and ICSI.
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GE Power India Limited filed this with the NSE as a statutory disclosure, categorised under auditor changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by GE Power India Limited. Read the original for the full detail.