IL&FS Engineering and Construction Company Limited has made a regulatory disclosure regarding the re-appointment of its cost auditors.
Board Approval and Date
The Board of Directors of the Company approved the re-appointment at its meeting held on 27th May, 2026.
Audit Scope
The cost auditors will conduct an audit of cost records made and maintained by the Company pertaining specifically to Road and other Infrastructure projects.
Audit Period
The appointment covers the financial year commencing on 1st April, 2026, and ending on 31st March, 2027.
Recommendation Authority
The re-appointment was made upon the recommendation of the company's Audit Committee.
Terms of Appointment
The Cost Auditors are appointed on the same terms and conditions as previous engagements, plus applicable GST and reimbursement of actual out-of-pocket expenses.
Auditor Profile
M/s. Narasimha Murthy & Co. is a firm of Cost Accountants established in 1983. The firm provides services including Cost Audit, GST Audits, Cost Reduction Programmes, SWOT Analysis, Management Audit, Business Valuations, and Strategic Planning.
Financial Impact
No financial impact or specific fee amount for the cost audit services is quantified in the disclosure.
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