NALCO Appoints Joint Statutory Auditors for FY2026-27

Not applicable to this disclosure - no changes in directors or key managerial personnel reported.

The Board/C&AG approved the appointment of joint statutory auditors for FY2026-27
M/s. B M Chatrath & Co., Chartered Accountants and M/s. SRB & Associates, Chartered Accountants appointed as Joint Statutory Auditors
Appointment effective for financial year 2026-27 (term from April 1, 2026 to March 31, 2027)
Appointment made by Comptroller and Auditor General of India (C&AG) vide letter No. CA. V/COY/CENTRAL GOVERNMENT, NALCO (2)/18 dated September 7, 2026

Both appointed audit firms are peer-reviewed firms as required by regulatory standards
The appointment represents routine rotational compliance with statutory audit requirements
No specific business strategy or operational context provided regarding the auditor change

Established in 1923 by late B. M. Chatrath in Lahore, later shifted to Kolkata
Converted to Limited Liability Partnership (LLP) effective April 5, 2017
Shri Anand Chatrath (Grand Son of Late B.M. Chatrath) is the Managing Partner
Firm has offices at Kolkata, Delhi, Noida, Mumbai, Hyderabad, Jaipur, Vijayawada and Bengaluru
Five divisions: Audit, Taxation, Back End Support, Financial Planning & Feasibility Study, Compliance of Labour Laws
Seventeen (17) partners and staff strength of more than 300 including Qualified CA, CMA, CS, LL.B and Semi Qualified CA and CMA
More than 200 clients in its clientele

Founded in 1978 with head office in Bhubaneswar
Branches in New Delhi, Kolkata, Hyderabad, Patna, and Jajpur Road
Workforce of over 300 professionals
Specializes in Assurance, Taxation, Corporate, and Transaction Advisory and business support Services
Core services include Audit and Assurance across almost all sectors
Additional services: Preparation of project reports for funding, Credit and Loan Syndications, Public issue management, Corporate advisory services, Rehabilitation of sick industries, Mergers, Acquisitions