IndianOil’s Board of Directors has approved the appointment of statutory auditors for the fiscal year 2026-27. The appointments were made by the Office of the Comptroller and Auditor General of India. The firm M/s Rama K Gupta & Co, M/s Borkar & Muzumdar, and M/s S Guha & Associates were appointed, while M/s MKPS & Associates LLP was re-appointed. These appointments are crucial for the company’s financial transparency and regulatory compliance.
Statutory Auditors Appointed for FY 2026-27
The Board of Directors of Indian Oil Corporation Limited (IndianOil) met on September 21, 2026, and noted the appointment of the company’s statutory auditors for the financial year 2026-27. These appointments have been made by the Office of the Comptroller and Auditor General of India (C&AG), New Delhi, ensuring adherence to corporate governance standards.
Details of Auditor Appointments
The following firms have been appointed or re-appointed as statutory auditors:
- M/s Rama K Gupta & Co, New Delhi – Appointment
- M/s Borkar & Muzumdar, Mumbai – Appointment
- M/s S Guha & Associates, Kolkata – Appointment
- M/s MKPS & Associates LLP, Kolkata – Reappointment
These appointments are critical for the independent examination and assurance of IndianOil’s financial statements for the upcoming fiscal year.
Source: BSE
