Corporate Disclosure regarding appointment of Statutory Auditors
Key Appointment Details
The Comptroller and Auditor General of India (CAG) appointed M/s S A R C & Associates, Chartered Accountants as Statutory Auditors of Housing and Urban Development Corporation Limited for the financial year 2026-2027. The appointment was made vide letter No./CA. V/COY/CENTRAL GOVERNMENT, HUDCO (1)/579 dated 8th September, 2026, under Section 139 of the Companies Act, 2013.
The firm will also serve as auditors for the Consolidated Financial Statements for FY 2026-2027 under Section 139 read with Section 129(4) of the Companies Act, 2013.
Auditor Profile Details
Firm Name: S A R C & Associates, Chartered Accountants
Date of Incorporation: 11th March, 1986
ICAI Firm Registration Number: 006085N
CAG Empanelment Number: DE2063
RBI Unique Code Number: 892457
Peer Review Number: 023065
Staff Strength: 17 partners (including 16 FCA partners) and 200+ professionals
Firm Experience: 40 years
Number of Branches: 14
Empanelments: Indian Bank's Association as Forensic Auditors (both above Rs 50 crore and up to Rs 50 crore criteria), Reserve Bank of India (RBI), Comptroller and Auditor General of India (C&AG), National Highways Authority of India, Official Liquidators of High Courts, Director General Hydrocarbons, Service Tax Commissionerate for special audit under Section 72A of the Finance Act, 1994 read with Section 14AA of the Central Excise Act, 1944.
Certifications: ISO 9001:2015 certified, ISO/IEC 27001:2022
Professional Composition: Professionals include Chartered Accountants, Company Secretaries, Advocates, Arbitrators, IFRS, ICWA, CPA – USA and Uganda, CFA – USA, DISA (ICAI), Forensic Auditors, Anti-Money Laundering expert, MBAs.
Financial Impact
Financial impact not quantified in the disclosure.