Appointing Authority and Date

The Comptroller & Auditor General of India (CAG) appointed the auditors vide its letter No./CA. V/ COY/CENTRAL GOVERNMENT,GAIL(2)/113 dated 07.09.2026.

Appointed Auditors

The following two firms have been appointed as Joint Statutory Auditors:

  • M/s Ravi Rajan & Co. LLP, Chartered Accountants (Firm Code: DE1549). Address: 505C, 5th Floor, D4, Rectangle 1 Building, District Centre Saket, New Delhi - 110017, Delhi.
  • M/s Arun K Agarwal & Associates, Chartered Accountants (Firm Code: DE0566). Address: 105, First Floor, South Ex. Plaza I, 389A, Masjid Moth, South Extension Part II, New Delhi - 110049, Delhi.

Effective Period

The appointment is for the financial year 2026-2027.

Regulatory Framework and Additional Instructions

The appointment is made under section 139 of the Companies Act, 2013. The appointed auditors will also audit the Consolidated Financial Statements under section 139 read with section 129(4) of the Act.

Supplementary/test audit under sections 143(6) & (7) of the Companies Act, 2013 is entrusted to the Director General of Audit, Oil & Gas, located at 8th Floor, Audit Bhavan, Bandra Kurla Complex, Mumbai-400051.

Remuneration for the auditors is to be regulated as per section 142 of the Companies Act, 2013 and specific guidelines issued by the Department of Company Affairs (vide no. 7/76 dated 8th April, 1976 and no. 8/6/83 dated 07th June, 1984).

The company is requested to provide a revision in audit fees for FY 2026-27 and item-wise details of all other remuneration paid to the auditors for non-audit services for FY 2025-26, including TA/DA, once the accounts for that year are finalized.

The appointment is subject to the general conditions stipulated in Annexure-I available on the CAG's website (http://care.cag.gov.in/policy/terms.pdf).

Compliance Statement

This disclosure is made in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.