Change in Statutory Auditors – Rail Vikas Nigam Ltd (RVNL)
Outgoing Auditor
Not Specified
Incoming Auditor
Name of the New Audit Firm: M/s. Gandhi Minocha & Co., Chartered Accountants
Firm Registration Number (FRN): Not Specified
Term of Appointment and Validity: Appointment is for a term of 1 year for the financial year 2026-27.
Interim Appointment or Subject to Shareholder Approval: The appointment was made by the Comptroller and Auditor General of India under Section 139 of the Companies Act, 2013.
Qualifications or Professional Standing: The firm was established in 1975 and is empaneled with the Comptroller and Auditor General of India for auditing Public Sector Undertakings. The firm has been appointed as statutory auditor for several PSUs including GAIL (India) Ltd., Power Finance Corporation Ltd., Bharat Heavy Electricals Ltd., State Bank Cards Payments & Services Pvt. Ltd., Mahanagar Telephone Nigam Limited, Bharat Sanchar Nigam Limited, NHPC, and NSIC. The firm is also on the panel of different banks for statutory, internal, concurrent and revenue audits, and has been statutory central auditors for nationalized banks. The firm is empaneled with various World Bank aided societies and engineering colleges, educational institutions for conducting their statutory audits, and handles various statutory audits, tax audits & income tax matters of state corporations, corporations and companies.
Regulatory Compliance Statement
Declaration as per SEBI Master Circular: A declaration as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 is enclosed as Annexure-A.
Delay in Disclosure: Not Specified
Board / Committee Meeting Details
Date and Name of the Meeting: Not Specified
Resolutions or Approvals: The Comptroller and Auditor General of India appointed the auditor under Section 139 of the Companies Act, 2013.
Annexures / Firm Profiles
Summary of Incoming Audit Firm's Experience: As detailed in the Qualifications section above.
Any Declarations or Eligibility Confirmations: The declaration confirms compliance with SEBI Master Circular requirements.
Other Corporate Information
Not Specified