Change in Statutory Auditors – NTPC Green Energy Limited

Outgoing Auditor

Name of the Resigning Firm: Not Specified

Reason for Resignation: Not Specified

Effective Date of Resignation: Not Specified

Date of Resignation Letter: Not Specified

Duration in Role: Not Specified

Board’s Acknowledgment / Statement: Not Specified

Replacement Appointed

Name of the New Audit Firm: M/s Dinesh Jain & Associates

Firm Registration Number (FRN): 004885N

Term of Appointment and Validity: Appointed as Statutory Auditor of the Company for the financial year 2026-27.

Date of Appointment: September 8, 2026

Interim Appointment or Subject to Shareholder Approval: The appointment was made by the Comptroller and Auditor General of India (C&AG).

Qualifications or Professional Standing:

  • Firm Categorisation: Category-1 (in the category of Statutory Central Auditor as per RBI empanelment)
  • CAG Empanelment No.: DE 1140 (Major Audits)
  • Year of Establishment: 1984 (41 years of experience)
  • Total number of Chartered Accountants in the firm: 15 (9 FCA Partners + 6 CA in employment)
  • DISA Qualified CAs: 2
  • FAFD Qualified CAs: 2
  • Peer Reviewed by ICAI: Yes (valid up to March 31, 2029)
  • The firm is on the panel of RBI, Comptroller & Auditor General of India, and Indian Banks Association (IBA).
  • Staff strength: 52 persons consisting of Chartered Accountants, Audit Assistants, Article clerks, Tax Assistants, MBA, CS, etc.
  • Services provided: Mainly in the field of Audit and Taxation including Statutory Audit of PSU companies, banks, insurance companies, NGOs, and other companies in the private sector.

Summary of Incoming Audit Firm’s Experience:

The firm has conducted Statutory Audits for MMTC Limited, NTPC SAIL Power Co. Limited, IFCI Venture Capital Funds Limited, Oriental Insurance Company Limited, National Textile Corporation Limited, UP State Bridge Corporation Limited, National Insurance Company Limited, Jaipur International Airport Limited, CanFin Homes Limited, and NAFED. It has also conducted the Central Statutory Audit of United Bank of India and Internal Audit for Mahanadi Coalfields Limited, MTNL, HUDCO, Airports Authority of India, IFFCO eBazar Limited, and the Institute of Chartered Accountants of India.

Any Declarations or Eligibility Confirmations: The firm is empaneled with C&AG and RBI.

Regulatory Compliance Statement

Disclosure Reference: Made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Master Circular Reference: SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Delay in Disclosure: Not Specified

Board / Committee Meeting Details

Date and Name of the Meeting: Not Specified

Resolutions or Approvals: Not Specified. The appointment was made directly by the Comptroller and Auditor General of India (C&AG).

Financial Implications

Not Specified

Other Corporate Information

Corporate Office: NTPC Green Energy Limited, NETRA Complex, E-3, Udyog Vihar Ph.-II, Greater Noida, UP-201306

Company Contact: The disclosure was signed by Deepak C S, Company Secretary & Compliance Officer (Membership No. F5060).