POWERGRID appoints four joint statutory auditors for Financial Year 2025-26
The appointment of statutory auditors is a standard compliance event and does not have a direct material impact on the company's financial performance, operational outlook, or strategic initiatives.
The announcement details the routine and mandatory appointment of statutory auditors for the upcoming financial year, which is a standard corporate governance practice and does not imply any positive or negative financial or operational changes.
* Power Grid Corporation of India Limited (POWERGRID) announced on 10 September 2025, the appointment of joint statutory auditors for the Financial Year 2025-26. * The Comptroller & Auditor General of India (C&AG) conveyed the appointment of the following four firms as joint statutory auditors: * M/s. Rama K Gupta & Co., New Delhi * M/s. Sagar & Associates, Hyderabad * M/s. Jain Paras Bilala & Co., Kolkata * M/s. G D Apte & Co., Mumbai * The supplementary/test audit under sections 143 (6) & (7) of the Companies Act, 2013 for the company is entrusted to the Director General of Audit (Energy).
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 regulatory filings. 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.