Key Quantitative Figures
Not applicable - no financial figures disclosed in this appointment notification.
Dates of Action
- C&AG appointment letter dated: 8th September 2026
- Board meeting date: 10th November 2026
- Appointment effective: Financial Year 2026-27
- Board meeting timing: Commenced at 3:30 PM, concluded time not specified
Parties Involved
- Appointing authority: Comptroller and Auditor General of India (C&AG)
- Appointed auditor: M/s. K. K. Chanani & Associates (FRN: 322232E)
- Supplementary/test audit entrusted to: Director General of Audit, Mines & Coal, Kolkata
Auditor Profile Details
M/s. K. K. Chanani & Associates was established in 1993 and provides entire range of accounting, auditing, assurance and taxation services. Their clientele includes Corporates, PSUs, Government Entities, Not for Profit Organizations, and Entities incorporated outside India. The firm has its registered office in Kolkata, West Bengal, India with branches at Mumbai, New Delhi, Bengaluru, Guwahati, Jaipur, Raipur, Nashik, Patna and Ranchi. Seasoned and experienced professionals head respective functional departments.
Financial Impact
Financial impact not quantified in the disclosure. Remuneration and allowances payable to auditors will be regulated as per section 142 of Companies Act 2013 read with C&AG guidelines.
Additional Requirements
Company must intimate any revision in audit fees for 2026-2027 and item-wise details of all remuneration paid to auditors for other services (other than statutory audit) along with TA/DA paid for 2025-2026 after finalizing accounts for that year.
Conditions of Appointment
The appointment is subject to conditions stipulated in Annexure-I available on CAG's website http://care.cag.gov.in/policy/terms.pdf.