Power Finance Corporation Ltd. (PFC) has appointed Thakur Vaidyanath Aiyar & Co. and Mehra Goel & Co. as its Joint Statutory Auditors for the Financial Year 2026-27. This appointment was made by the Comptroller and Auditor General of India, as per regulatory requirements. The company has provided brief profiles of the appointed firms for information and record.
PFC Appoints New Joint Statutory Auditors
Power Finance Corporation Ltd. (PFC) announced the appointment of its Joint Statutory Auditors for the upcoming Financial Year 2026-27. The firms selected for this crucial role are Thakur Vaidyanath Aiyar & Co. and Mehra Goel & Co. This appointment has been made by the Comptroller and Auditor General of India, adhering to the established governance procedures.
Regulatory Compliance and Auditor Selection
The announcement, dated September 9, 2026, was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The selection of these joint auditors is in line with Section 139 of the Companies Act, 2013. Brief profiles of both Thakur Vaidyanath Aiyar & Co. and Mehra Goel & Co. have been attached as Annexure I for stakeholder reference.
Auditor Profile Overview
Thakur Vaidyanath Aiyar & Co., a firm with a legacy spanning nearly nine decades, offers extensive services in Audit, Advisory, Risk, Tax, and Specialized Services. Established in 1934 and reorganized in 1970, the firm boasts 12 partners and over 150 staff members. They have a broad presence across India and are affiliated with international development agencies.
Mehra Goel & Co. LLP, established in 1963, is also a seasoned accounting firm with 16 partners and a team of over 100 semi-qualified staff and trainees. They have a comprehensive service portfolio including Audit, Taxation, Advisory, Management Consulting, and Financial Restructuring. Their expertise spans various sectors, including Banking, Energy, and Automobiles. The firm is registered with the PCAOB USA and is an independent member of Morison Global.
Source: BSE
