Change in Statutory Auditors – MMTC Limited

Outgoing Auditor

Not Specified

Incoming Auditor

Name of the New Audit Firm: M/s R S P H & Associates

Firm Registration Number (FRN): 003013N

Address: 906 Vikram Tower, Rajendra Place, New Delhi, New Delhi - 110008

Term of Appointment and Validity: Financial Year 2026-2027

Interim Appointment or Subject to Shareholder Approval: Appointment will be regularized in the upcoming Board Meeting of the Company.

Qualifications or Professional Standing

  • The firm holds a valid Peer Review Certificate (No. 022911) from the ICAI Peer Review Board, effective from January 1, 2026, to December 31, 2028.
  • AQMM Maturity Level: 3
  • The firm confirmed eligibility under Section 141(3)(g) of the Companies Act, 2013 and Rule 4 of the Companies (Audit and Auditors) Rules, 2014.
  • No partners or their relatives hold any security or interest in MMTC Limited or its subsidiaries/associates.
  • No partners are indebted to MMTC Limited beyond prescribed limits.
  • The firm has not been convicted of fraud offenses and has no pending proceedings.
  • The firm is registered with the ICAI Peer Review Board and holds a valid certificate.

Board / Committee Meeting Details

  • The formal appointment of the auditor will be regularized in an upcoming Board Meeting.
  • The intimation of appointment will be made to the stock exchanges after board approval.

Regulatory Compliance Statement

  • Appointment made by Comptroller & Auditor General of India under Section 139 of the Companies Act, 2013.
  • Disclosure made pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • Supplementary/test audit under Sections 143(6) & (7) entrusted to Director General of Audit (Industry and Corporate Affairs), I P Estate, New Delhi - 110002.

Financial Implications

  • Remuneration and allowances payable to auditors regulated as per Section 142 of Companies Act 2013 and guidelines issued by Department of Company Affairs (No. 7/76 dated April 8, 1976 and No. 8/6/83 dated June 7, 1984).
  • Company requested to intimate any revision in audit fees for 2026-2027 and item-wise details of all remuneration paid for other services for 2025-2026.

Effective Date Clarity

  • C&AG appointment letter dated: September 8, 2026
  • Formal order received by company: September 16, 2026
  • Acceptance letter from auditors dated: September 16, 2026
  • Term: Financial Year 2026-2027

Other Corporate Information

  • Company Registered Office: Core-1, 'SCOPE Complex', 7 Institutional Area, Lodi Road, New Delhi-110003
  • Company Secretary: Ajay Kumar Misra