Indian Oil Corporation Limited (IOCL) has announced the appointment of its statutory auditors for the fiscal year 2025-26. The appointments, made by the Office of the Comptroller and Auditor General of India (C&AG), involve reappointment of several firms, ensuring continuity in the company’s auditing processes. The board acknowledged these appointments during a meeting held on October 27, 2025.
Statutory Auditor Appointments
Indian Oil Corporation Limited (IOCL) has confirmed the appointment of statutory auditors for the fiscal year 2025-26. These appointments were officially noted during a board meeting held on October 27, 2025.
Details of Re-appointments
The following firms have been reappointed as statutory auditors:
K G Somani & Co. LLP, New Delhi
Reappointment
M/s Khandelwal Jain & Co., Mumbai
Reappointment
M/s Komandoor & Co. LLP, Kolkata
Reappointment
M/s MKPS & Associates, Kolkata
Reappointment
Brief on Appointed Firms
K G Somani & Co LLP: A 3rd generation Chartered Accountancy firm, boasts over five decades of practice in India. The firm is equipped to deliver services across SOX valuations, statutory audits, and insolvency matters.
Khandelwal Jain & Co.: Established in 1967, Khandelwal Jain & Co. is focused on delivering quality service to diverse clients and currently operates across three locations within the country.
Komandoor & Co LLP: A leading Chartered Accountancy firm headquartered in Hyderabad, with a presence extending to 26 branches across India.
MKPS & Associates LLP: Established in 1952, MKPS & Associates LLP offers comprehensive professional services and maintains presence in most regions through its HO and Branches.
Meeting Conclusion
The board meeting, during which these appointments were confirmed, commenced at 1:15 PM and concluded at 3:45 PM.
Source: BSE
