Date: 21st September 2026

KMP / Board / Auditor Changes

Statutory Auditor Appointments for FY 2026-27

The Board of IndianOil at its meeting held on September 21, 2026, noted the appointment of Statutory Auditors made by the Office of the Comptroller and Auditor General of India (C&AG), New Delhi.

Appointment Details:

  • M/s Rama K Gupta & Co, New Delhi - Appointment
  • Established in 1989, practicing for over 3 decades
  • 25 partners, 12 Chartered Accountants, 38 Articled Assistants, 150+ professional staff
  • 18 branch offices across 10 States
  • Services: Audit & Assurance, Taxation, Corporate Advisory, Risk Management, Forensic Audit, Regulatory Compliance, Financial Consulting
  • Experience in Oil & Gas, Power, EPC, Banking & NBFC, Insurance, IT, Pharmaceuticals, Real Estate
  • Empaneled with RBI, C&AG, LIC, IBA, NHAI
  • M/s Borkar & Muzumdar, Mumbai - Appointment
  • Established in 1946, practicing for over 8 decades
  • 20 partners, 50+ Chartered Accountants, 250+ employees
  • Multi-location presence across India
  • Services: Audit & Assurance, Tax & Regulatory, Risk Advisory, Consulting, Business Support, Investigations & Forensics, Due Diligence, Financial Advisory
  • Experience in Oil & Energy, PSUs, Banking & Financial Services, Mutual Funds, Listed Entities, NBFCs, Insurance, IT
  • Undertaken assignments for RBI, SEBI, NCLT, C&AG
  • M/s S Guha & Associates, Kolkata - Appointment
  • Established in 1960, practicing for over 6 decades
  • 21 partners, multi-location presence across India
  • Services: Audit & Assurance, Accounting, Taxation, GST, Advisory, Corporate Services
  • Experience in PSUs, Government, Banking, Insurance, Private Sector, Government-funded Projects (World Bank, ADB)
  • Empaneled with C&AG and RBI
  • M/s MKPS & Associates LLP, Kolkata - Reappointment
  • Established in 1952, practicing for over 7 decades
  • 30+ partners, 130+ professionals
  • Multi-location presence across India
  • Services: Statutory and Internal Audits, Bank Audits, Regulatory Compliance, Forensic Investigations, Transaction Due Diligence, Project and Infrastructure Audits, Tax Structuring
  • Experience in Banking, Insurance, Oil & Gas, Infrastructure, Government, Renewable Energy, Steel, Mines
  • Empaneled with C&AG, RBI, NHAI, SEBI, IBA

Board Meeting Details:

  • Meeting date: September 21, 2026
  • Commencement time: 11:00 AM
  • Conclusion time: 1:15 PM

Regulatory Compliance:

  • Disclosure made pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015