Subject: Intimation of Appointment of Statutory Auditor for the FY 2026-27
NSE Symbol: NBCC/EQ
Nature of Disclosure:
This is an intimation regarding the appointment of a new Statutory Auditor, made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Event Details:
- The Comptroller and Auditor General of India (CAG) has appointed M/s D K Chhajer & Co., Chartered Accountants (Firm Registration Number 304138E), as the Statutory Auditor of NBCC (India) Limited.
- The appointment is for the financial year 2026-27.
- The power for this appointment is derived from Section 139 of the Companies Act, 2013.
- The CAG's appointment letter is dated September 08, 2026.
Auditor Consent:
M/s D K Chhajer & Co. has submitted its consent to act as the Statutory Auditor for the company for FY 2026-27. Their consent letter is also dated September 08, 2026.
Annexure-I Disclosures:
The mandatory disclosures under SEBI regulations, provided in Annexure-I, are as follows:
- Reason for Change: Appointment of D K Chhajer & Co. as Statutory Auditor by the C&AG.
- Date of Appointment: September 08, 2026. The term of appointment is for the financial year 2026-27.
- Relationship with Directors: There is no inter-se relationship between D K Chhajer & Co. and any of the directors of NBCC (India) Limited.
Auditor Profile (Annexure-A):
A brief profile of the newly appointed auditor firm, M/s D K Chhajer & Co. (DKC), is provided:
- The firm was established in 1964 in Kolkata and converted to a partnership in 1974.
- It currently has 15 partners and over 50 articles and professionally qualified assistants.
- The firm is empanelled with several authorities, including the RBI (as a Category-I Firm), C&AG for Major Audits, the Indian Banking Association (IBA), and the National Highways Authority of India (NHAI).
- Its service offerings include statutory audit, internal audit, forensic audit, accounting advisory, due diligence, merger & acquisitions advisory, taxation, and corporate law advisory.
- The firm has offices in Kolkata, Bengaluru, Delhi-NCR, Hyderabad, Bhubaneshwar, and Mumbai.
- Its clientele includes both private and public sector enterprises, such as Punjab National Bank, Canara Bank, LIC, SAIL's Rourkela Steel Plant, MSTC, Airports Authority of India, and Indian Institutes of Management (IIM).
Financial Impact:
The disclosure does not quantify any financial impact of this auditor appointment.
Additional Information:
The disclosure was signed by Deepti Gambhir, Company Secretary (F-4984), on September 08, 2026, at 14:47:20 IST. The full announcement is also available on the company's website at https://www.nbccindia.in/webEnglish/announcementNotices.