Bank of Maharashtra has announced the appointment of its Statutory Central Auditors (SCAs) for the financial year 2025-26. The appointments, approved by the Reserve Bank of India, include both continuing and new firms. The audit firms will conduct statutory audits for the bank. This decision aims to ensure compliance and enhance financial oversight.
Statutory Auditor Appointments
Bank of Maharashtra has appointed four Chartered Accountant firms/LLPs as Statutory Central Auditors (SCAs) for the financial year 2025-26, following approval from the Reserve Bank of India.
Continuing Auditors
- M/s. G D Apte & Co., Mumbai
- M/s. Manubhai & Shah LLP, Ahmedabad
New Auditors
- M/s Sagar & Associates, Hyderabad
- M/s S. Singhal & Co, Jaipur
Profile of Statutory Central Auditors (SCAs)
M/s. G D Apte & Co, Mumbai (FRN 100515W)
Founded in 1957, this firm has 13 partners and offices in Mumbai and Pune. They specialize in Audit & Assurance, Taxation, Forensic Audits, and Due Diligence.
M/s. Manubhai & Shah LLP, Ahmedabad (FRN 106041W/W100136)
Founded in 1945, this firm has 19 partners and offices across multiple cities, including Ahmedabad, Mumbai, and Delhi. Their expertise includes Audit & Assurance, risk management, and tax-related matters.
M/s Sagar & Associates (FRN 00351OS)
Founded in 1989, this firm has 13 partners and offices in Hyderabad and other locations. Their areas of expertise include Audit & Assurance, Taxation, and Forensic Audits.
M/s S. Singhal & Co (FRN 001526C)
Founded in 1981, the firm has 10 partners and offices in Jaipur and other cities. They offer services in Audit & Assurance, Company law consultancy, and financial consultancy.
Source: BSE
