SBI Cards and Payment Services Limited has announced the appointment of two firms, M/s. V.K. Dhingra & Co. and M/s. S.P. Chopra & Co., as its Joint Statutory Auditors. This appointment is effective from September 22, 2026, and will cover the financial year 2026-27. The decision aligns with regulatory requirements and ensures independent financial oversight.
SBI Card Appoints Joint Statutory Auditors
SBI Cards and Payment Services Limited has formally appointed M/s. V.K. Dhingra & Co. and M/s. S.P. Chopra & Co. as the Joint Statutory Auditors of the Company. This significant appointment is set to commence from September 22, 2026, and will be in effect for the entire financial year 2026-27.
Regulatory Compliance and Due Diligence
The selection of these auditors follows the requirements stipulated under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The firms have provided their formal acceptance letters on September 22, 2026. This appointment is in line with the directive received from the office of the Comptroller and Auditor General of India (CAG) via letter No./CA. V/ COY/CENTRAL GOVERNMENT, SBICRD(1)/124, dated September 07, 2026.
About the Auditors
Brief profiles of both M/s. V.K. Dhingra & Co. and M/s. S.P. Chopra & Co. have been provided as annexures to this disclosure. Both firms are established Chartered Accountant entities with extensive experience in the auditing domain. The company is also ensuring this information is available on its official website, www.sbicard.com.
The appointment signifies SBI Card’s commitment to transparent financial practices and robust corporate governance.
Source: BSE
