Oil and Natural Gas Corporation: Appoints Statutory Auditors for Fiscal Year 2025-26

Oil and Natural Gas Corporation (ONGC) has announced the appointment and re-appointment of statutory auditors for the financial year 2025-26. The appointments follow a letter received from the Comptroller & Auditor General of India (C&AG). Firms such as M/s Talati & Talati LLP and M/s MSKA & Associates are among those selected to oversee the company’s financial audits.

Statutory Auditor Appointments

ONGC has finalized its statutory auditors for the financial year 2025-26, based on communications from the Comptroller & Auditor General of India (C&AG). These firms will conduct statutory audits, ensuring financial compliance and accuracy.

List of Appointed Firms

The following firms have been appointed or re-appointed as Statutory Auditors/ Joint Statutory Auditors of the Company for the Financial Year 2025-26:

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  • M/s Talati &Talati LLP (Re-appointment)
  • M/s V Sankar Aiyar &Co (Re-appointment)
  • M/s Laxmi Tripti & Associates (Re-appointment)
  • M/s Manubhai & Shah LLP (Re-appointment)
  • M/s MSKA & Associates (Appointment)

Details of the Firms

M/s Talati & Talati LLP

M/s Talati & Talati LLP, established on February 18, 1976, is a chartered accountancy firm with its head office in Ahmedabad. The firm has multiple branches across India. Key partners include Sunil Himatlal Talati and Umesh Himatlal Talati. They have served Oil and Natural Gas Corporation Limited since 2023-24.

V. Sankar Aiyar & Co.

V. Sankar Aiyar & Co., established in 1952, is one of the oldest professional firms in India with headquarters in Mumbai. The firm has 17 partners. The firm’s expertise includes audit and assurance, financial investigation, advisory services, and more.

M/s Laxmi Tripti & Associates

Laxmi Tripti & Associates was established in 1988. The firm has multiple branches. Major assignments include Indian Overseas Bank – Central Statutory Audit.

Manubhai & Shah LLP

Manubhai & Shah LLP, established in 1945, has its head office in Ahmedabad and multiple branch offices. Key individuals include Kaushik Chandubhai Patel and Sanjay Rasiklal Shah. Their assignments have included Oil and Natural Gas Corporation Limited.

MSKA & Associates

MSKA & Associates, established in 1978, has offices across 12 cities in India. The Firm primarily provides audit and assurance services, tax and advisory services.

Source: BSE

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