Change in Statutory Auditors – NLC India Limited

Outgoing Auditor

Not Specified

Replacement Appointed

Name of the New Audit Firm: M/s. R V K S and Associates, Chartered Accountants, Chennai and M/s. G Natesan & Co., Chartered Accountants, Chennai

Firm Registration Number (FRN):

  • M/s. G Natesan & Co: ICAI 002424S
  • M/s. R V K S and Associates: Not specified in document

Term of Appointment and Validity: 1 Year for Financial Year 2026-27

Effective Date of Appointment: September 8, 2026

Interim Appointment or Subject to Shareholder Approval: Appointed by Office of Comptroller and Auditor General of India (CAG)

Qualifications or Professional Standing

M/s. R V K S and Associates:

  • Established in 1999 with 14 partners
  • Offices in Chennai, Bengaluru, Hyderabad, Mumbai, Vijayawada and Nashik
  • Member of AGN International (200 member firms in 80+ countries)
  • Professional team includes 14 Partners and over 150 support staff
  • Service offerings: Audit & Assurance, Company Law Matters, Corporate Advisory, Foreign Exchange Advisory, Due Diligence, Indirect Taxation, Insolvency Services, Taxation, Virtual CFO Services
  • Industry experience: Manufacturing, Service, Banking, Financial Services, IT Services
  • Major clients: Indian Bank (Central Statutory Audit 2021-2023), RBI, BEML Limited, LIC, United India Insurance, National Highway Authority of India

M/s. G Natesan & Co:

  • Established in 1949 with 12 partners
  • Offices in Chennai, Bengaluru, Hyderabad, Kumbakonam, Kochi, Tiruchirappalli, Thanjavur and Salem
  • Registrations: ICAI 002424S, C&AG MD 0874-52018/2026 (Eligible for Major Audits), CAG Ranking Points-2026: 129.25, RBI Unique Code # 312311, MEF: 01436-Part I (Eligible for SCA)
  • Team includes 9 Qualified Assistants (CA), 4 Audit Managers (CISA), 4 Audit Managers-Ex Bankers, 8 Audit Managers Others, 3 Associate Company Secretaries, 39 Semi Qualified, 42 CA Trainees, 18 CMA Trainees, 72 Other Audit staff, 36 Others
  • Major engagements: Central Statutory Audit of Indian Bank (2021-2023), RBI Concurrent Audit, BEML Limited Statutory Audit, LIC Chennai, United India Insurance, National Highway Authority of India

Board / Committee Meeting Details

Not Specified

Regulatory Compliance Statement

Complied with SEBI (LODR) Regulations, 2015 Regulation 30 read with SEBI circular HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026

Annexures / Firm Profiles

Detailed firm profiles provided as Annexure-IA for RVKS and Associates and Annexure-IB for G Natesan & Co, including service offerings, team composition, industry experience, and major client engagements

Other Corporate Information

NLC India Limited is a 'Navratna' - Government of India Enterprise with CIN: L93090TN1956GOI003507

Corporate Office: Block-1, Neyveli-607 801, Cuddalore District, Tamil Nadu