NIACL NSE filing

New India Assurance Appoints S Ramanand Aiyar & Co, Chokshi & Chokshi LLP as Statutory Auditors for FY27

The RealCase readLow impact Neutral

The New India Assurance Company Limited has appointed M/s S Ramanand Aiyar & Co and M/s Chokshi & Chokshi LLP as its Statutory Auditors for the Financial Year 2026-27. The appointments were made by the Comptroller & Auditor General of India (CAG).

Why it matters

The appointment of statutory auditors is a standard regulatory requirement for companies and typically does not have a significant immediate impact on the company's operations or financial performance.

The market read

The announcement is a routine corporate action regarding the appointment of auditors and does not contain any information that suggests a positive or negative financial or operational impact on the company.

The New India Assurance Company Limited has announced the appointment of M/s S Ramanand Aiyar & Co and M/s Chokshi & Chokshi LLP as the Statutory Auditors for the Financial Year 2026-27. This appointment has been made by the Comptroller & Auditor General of India (CAG).

M/s S Ramanand Aiyar & Co, established in 1950, has a long-standing history in the chartered accountancy profession. The firm has undergone restructuring to achieve a Pan India presence by collaborating with experienced professionals across major cities.

M/s Chokshi & Chokshi LLP, established in 1976, is a Chartered Accountancy Firm with its head office in Mumbai and branches in Ahmedabad, Delhi, and Pune. The firm offers integrated services including Audit, Advisory, Direct & Indirect Tax, and Technology & Forensics. They conduct statutory audits for various sectors such as Banks, Mutual Funds, Insurance, and Listed Companies.

Filing to action

What to do with a filing like this

The New India Assurance Company 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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Primary source

A plain-language summary of a public exchange filing by The New India Assurance Company Limited. Read the original for the full detail.

View original filing