MMTC Limited announces appointment of Statutory Auditors for FY 2025-26 by CAG
MMTC Limited announced the CAG's appointment of five firms as Statutory/Joint Statutory/Branch Auditors for the Financial Year 2025-26, effective September 26, 2025.
The appointment of statutory auditors for a PSU by the CAG is a mandatory compliance requirement and a routine corporate governance matter. It typically has a low direct market impact as it does not signal significant operational or financial shifts for the company.
The announcement is a standard regulatory disclosure regarding the routine appointment of statutory auditors by the Comptroller & Auditor General of India for a Public Sector Undertaking (PSU). It does not contain any information that would indicate a positive or negative impact on the company's financial performance or operational outlook.
MMTC Limited has announced the appointment of Statutory/Joint Statutory/Branch Auditors by the Comptroller & Auditor General of India (CAG) for the Financial Year 2025-2026. * The appointment was conveyed via CAG's letter dated 10th September 2025. * The effective date of appointment/re-appointment is 26th September 2025. * The following firms of Chartered Accountants have been appointed: * M/s. DINESH JAIN & ASSOCIATES, NEW DELHI (Statutory Auditor for New Delhi SROs, CO New Delhi, foreign offices, Office of MICA Division, consolidation & merger of all branches, and Delhi RO) * M/s. A P DOSHI & COMPANY LLP, MUMBAI (Branch Auditor for Bombay Regional Office and its sub-offices/distribution centres) * M/s. SHARP & TANNAN, CHENNAI (Branch Auditor for Madras Regional Office & MICA Division, including Gudur, sub-offices, and distribution centres) * M/s. SUDHAKAR & KUMAR ASSOCIATES, VISAKHAPATNAM (Branch Auditor for Visakhapatnam Regional Office and its sub-offices/distribution centres) * M/s. PUNDARIKASAHYAM & ASSOCIATES, HYDERABAD (Branch Auditor for Hyderabad Branch Office, including sub-offices & distribution centres) * The reason for this change is stated as re-appointment. * Brief profiles of the appointed firms, highlighting their extensive experience in audit and taxation for PSUs, companies, insurance companies, and banks, were also provided.
What to do with a filing like this
MMTC 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 MMTC Limited. Read the original for the full detail.