REC Limited has made a disclosure pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Comptroller and Auditor General (C&AG) of India, exercising powers under Section 139 of the Companies Act, 2013, conveyed the appointment of the company's Statutory Auditors for the financial year 2026-27 via a letter dated September 7, 2026.

Two firms of Chartered Accountants have been appointed:

1. M/s. G. S. Mathur & Co., Chartered Accountants

  • Office Address: A-160, Ground Floor, Defence Colony, New Delhi - 110024.

2. M/s. S. K. Mehta & Co., Chartered Accountants

  • Office Address: 302-306, Pragati Tower, 26, Rajendra Place, New Delhi - 110008.

A brief profile of the appointed auditors was enclosed as Annexure-I with the disclosure.

Annexure-I: Auditor Profiles

M/s. G. S. Mathur & Co.

  • Established in 1950.
  • Offers services in public accounting, audit, tax practice, Assurance, Risk Advisory, Corporate Advisory, Outsourcing, Tax Litigation, Tax Advisory, and other Financial Advisory services.
  • Client base includes listed and unlisted entities, including Fortune 500 companies across sectors such as Oil & Gas, Aviation, Non-Banking Financial Services, Textiles, Construction, Power, Retail, Commodities, Insurance, Banking, Hospitality, Media, and Education.
  • The firm has 16 Partners and a staff strength of approximately 50 professionals based in New Delhi.
  • Maintains branch offices in Jaipur, Noida, Dehradun, Lucknow, and Ahmedabad.

M/s. S. K. Mehta & Co.

  • Founded in 1970 with its head office in Delhi and branch offices in Varanasi and Mumbai.
  • Provides comprehensive professional services including Audit, Tax Advisory, Management Consultancy, Financial Management, Accounting Services, and Secretarial Services, Corporate Advisory.
  • Serves a wide variety of clients throughout India, including listed and non-listed public sector and private corporate entities.
  • Client industries range from manufacturing, construction, insurance, banking, power, retail, hospitality, and information technology.
  • The firm presently has 11 partners, 18 qualified paid chartered accountants, 40 article clerks, and other audit staff.

The disclosure was signed by Dinesh Garg, Company Secretary & Compliance Officer, on September 8, 2026.