Change in Director / Key Managerial Personnel

  • This disclosure concerns the appointment of statutory auditors, not changes in director or key managerial personnel.

Key Financial or Operational Approvals

  • The Comptroller & Auditor General of India appointed M/s. S K Agrawal and Co., Chartered Accountants LLP, Kolkata as Statutory Auditor for the Company under Section 139(5) of the Companies Act, 2013 for the financial year 2026-27.
  • The appointment was made via letter No./CA. V/ COY/CENTRAL GOVERNMENT,GRSE(1)/ 627 dated 08 September 2026.
  • The auditor's appointment will take effect from 25 September 2026, which is the date of the Company's AGM.

Strategic or Business Context

  • No specific business context, outlook, or strategic commentary provided in the disclosure.

Any Other Material Information

Statutory Auditor Profile (Annexure-I)

  • M/s. S K Agrawal and Co., Chartered Accountants LLP is a longstanding audit firm of Eastern India established in 1968 with 57 years of experience in chartered accountancy.
  • The firm currently has 24 Chartered Accountants, including 17 FCA partners with several years of experience, of whom 4 are DISA qualified.
  • The firm employs 7 qualified chartered accountants and 1 qualified cost & management accountant.
  • With more than 200 staff and article assistants, the firm is capable of handling audit assignments including internal audit of large-scale enterprises in both public and private sectors.
  • The firm has conducted statutory audit of 21 public sector undertakings across various sectors including mining, steel, manufacturing, insurance, NBFC, agriculture, transport, engineering, and telecommunications.
  • The firm served as central statutory auditor of UCO Bank for FY 2020-21 to 2022-23.
  • The firm has rich experience in conducting internal audit of PSUs and Banks over the last several years.