Power Grid Corp appoints new joint statutory auditors for FY2026-27
Power Grid Corporation of India Limited announced the appointment of A S A & Associates LLP, B N C A & Co., Jain Paras Bilala & Co., and K C Mehta & Co. LLP as joint statutory auditors for FY 2026-27. The appointment was made by the Comptroller & Auditor General of India (C&AG) on September 7, 2026.
The appointment of statutory auditors is a standard annual process and does not directly impact the company's operations or financial performance in the short term.
The announcement is a routine regulatory filing regarding the appointment of auditors and does not contain information that significantly impacts the company's financial performance or outlook.
Power Grid Corporation of India Limited has announced the appointment of joint statutory auditors for the Financial Year 2026-27. The appointment was conveyed by the Comptroller & Auditor General of India (C&AG) vide its letter dated 07th September, 2026.
The following firms have been appointed as joint statutory auditors: A S A & Associates LLP, B N C A & Co., Jain Paras Bilala & Co., and K C Mehta & Co. LLP.
The C&AG has appointed these Chartered Accountant firms/Limited Liability Partnerships as the Statutory/Joint Statutory/Branch Auditors for the financial year 2026-2027. The statutory/joint statutory auditor of the holding company will also be the auditors for the Consolidated Financial Statements. The company has been requested to contact the concerned auditors individually under intimation to the C&AG's office. The remuneration and other allowances payable to the auditors are to be regulated as per the provisions of Section 142 of the Companies Act, 2013, read with relevant guidelines. The company is also required to intimate any revision in audit fees and details of remuneration for other services for the financial year 2025-2026 once the accounts are finalized.
What to do with a filing like this
Power Grid Corporation of 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 Power Grid Corporation of India Limited. Read the original for the full detail.