IREDA Appoints Shiv & Associates and MAPSS & Co. as Joint Statutory Auditors for FY27
IREDA has appointed M/s Shiv & Associates and M/s MAPSS & Co. as Joint Statutory Auditors for FY 2026-27. The C&AG conveyed the appointment via letters dated September 07 and 25, 2026. M/s Shiv & Associates was the auditor for FY 2025-26.
The appointment of statutory auditors is a standard regulatory requirement and does not directly impact the company's operations, financial performance, or strategic direction in the short to medium term.
The announcement is a routine corporate action regarding the appointment of statutory auditors and does not inherently carry positive or negative implications for the company's financial performance or future outlook.
Indian Renewable Energy Development Agency Limited (IREDA) has announced the appointment of M/s Shiv & Associates and M/s MAPSS & Co. as Joint Statutory Auditors for the Financial Year 2026-27. The appointment was conveyed by the Comptroller and Auditor General of India (C&AG) through letters dated September 07, 2026, and September 25, 2026, in response to certain queries.
M/s Shiv & Associates, established in 1990, operates from Kasturba Gandhi Marg, New Delhi, and comprises a specialized team of 13 partners offering services in assurance, GST, taxation, risk management, secretarial compliances, Ind AS/IFRS advisory, project financing, and more. They have served various sectors, including Fortune 500 companies, Maharatna and Navratna Companies, and Banks.
M/s MAPSS & Company, established in 1984, is based in Hauz Khas, New Delhi, and has 16 partners with a presence across 18 locations. Their service offerings include audit and assurance, banking and financial institution audits, capital markets and regulatory compliance, taxation and business advisory, risk and forensic services, and information systems and cyber-security audit.
For FY 2025-26, M/s Shiv & Associates served as the Statutory Auditor of the Company.
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Indian Renewable Energy Development Agency 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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