Coal India Limited has appointed M/s Chaturvedi & Co LLP, Kolkata as its statutory auditors for the Financial Year 2026-27. This appointment was made following a letter from the Office of the CAG. The firm, established in 1963 and empanelled with key regulatory bodies like C&AG and RBI, brings extensive expertise across audit, financial reporting, taxation, and corporate advisory services. No directors of CIL are related to the newly appointed auditors.
Coal India Appoints New Statutory Auditors
Coal India Limited (CIL) has announced the appointment of M/s Chaturvedi & Co LLP, Kolkata, as its statutory auditors for the upcoming Financial Year 2026-27. This decision was communicated following a directive from the Office of the CAG, referenced under letter No./CA.V/COY/CENTRAL GOVERNMENT, COALIN(1)/135, dated 07.09.2026. The appointment is in line with regulatory requirements and ensures the continued integrity of CIL’s financial reporting.
About Chaturvedi & Co LLP
Chaturvedi & Co LLP, established in 1963, is a well-regarded firm holding ICAI registration number 302137E/E300286. The firm is empanelled with prominent institutions such as the Comptroller & Auditor General of India (C&AG) and the Reserve Bank of India. Their expertise spans a wide spectrum of financial services, including audit and assurance, financial reporting, taxation, corporate advisory, restructuring, valuation, and forensic audits. This broad range of experience positions them to effectively audit CIL’s extensive operations.
Corporate Governance and Disclosure
CIL has confirmed that there is no relationship between its directors and M/s Chaturvedi & Co LLP. A detailed profile of the newly appointed auditors has been provided as an annexure to the disclosure. This appointment adheres to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Source: BSE