NMDC Limited Appoints New Statutory Auditors
NMDC Limited announced a change in statutory auditors. The Comptroller & Auditor General of India has appointed M/s. M C Bhandari & Co. as statutory auditors and M/s. Vinay Kumar & Co., M/s. AVRSK and Associates, LLP, and M/s. BPSSY & Co. as branch auditors. The appointments are effective from 8th September 2026.
Change in auditors is a regulatory requirement and typically does not have a significant immediate impact on the company's operations or financial performance.
The announcement is a routine change of auditors, which is a standard corporate governance procedure and does not inherently carry positive or negative financial implications.
NMDC Limited has announced a change in its statutory auditors. The Comptroller & Auditor General of India has appointed new firms to conduct the company's audits.
M/s. M C Bhandari & Co., Hyderabad, has been appointed as the Statutory Auditors for the consolidated accounts, standalone accounts, Head Office, R&D Lab, Hyderabad, and the Sponge Iron unit at Paloncha.
For branch audits, M/s. Vinay Kumar & Co. will audit the Allahabad Diamond Mining Project in Panna. M/s. AVRSK and Associates, LLP, will audit the Kirandul, Bacheli, Slurry Pipe Line Unit, and Regional Office in Vizag. M/s. BPSSY & Co. has been appointed to audit the Ballari Donimalai Complex, including the Kumaraswamy iron ore mine & Pellet Plant.
The appointment was communicated via a letter dated 8th September 2026, in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
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NMDC 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 NMDC Limited. Read the original for the full detail.