NTPC Limited has disclosed the appointment of five joint statutory auditors for the financial year 2026-27, as mandated by the Comptroller and Auditor General (C&AG) of India. This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, read with the SEBI Master Circular dated 30th January 2026.

Key Appointments and Effective Dates

All five audit firms were appointed effective 18th September 2026, with their term covering the entire financial year 2026-27.

Detailed Firm Profiles

M/s. HEM SANDEEP & Co., Chartered Accountants, New Delhi

  • Established in 1989 with over 37 years of experience
  • 14 partners and 9 qualified Chartered Accountants
  • Branch offices in UP, Maharashtra, Rajasthan, J&K
  • Specialized certifications: 4 DISA professionals, 5 Forensic Accounting & Fraud Detection certifications, 2 Government Accounting certifications, 1 Ind AS certification, 1 IBBI professional, 1 Forex & Treasury Management certification, 1 Anti Money Laundering certification
  • Extensive PSU audit experience: Air India, SJVN, Powergrid, NHPC, PFC, BSNL, Coal India, WCL, SECL, HLL, NHAI
  • 17+ years specific experience in power sector companies (generation, distribution, transmission)
  • Empaneled with RBI as CSA/Category-I Firm, with C&AG for Major Audits, with Indian Banking Association for ASM
  • Central Statutory Audit experience: PNB & J&K Bank Ltd.

M/s. OP Bagla & Co., Chartered Accountants, Delhi

  • Established in 1967, converted to LLP in 2018
  • Large and diverse client base across India and overseas
  • 59+ years experience in Statutory Audits, Internal Audits, System Audits, Management Audits, Due Diligence, Concurrent Audit, Financial Reporting, Direct taxation, International taxation, Indirect Taxation, Transfer pricing and Corporate law
  • Team includes chartered accountants, cost accountants, trainees and paid assistants
  • Partners have combined experience of more than 100 years
  • Expertise in Auditing, Taxation, MIS Reports, Business Process Risk Consulting, Financial Due Diligence, and ERP & SAP Implementation

M/s. Laxminiwas & Co., Chartered Accountants, Hyderabad

  • Established in 1977 with 49+ years of legacy
  • 18 partners and professional team of 30+ Chartered Accountants and 200+ specialized support staff
  • Presence across 5 cities and 2 global offices
  • Partners hold qualifications: DISA, Forensic Accounting & Fraud Detection (FAFD), Certified Concurrent Auditor, GST, AI for CAs, Data Protection Compliance & Audit, Cyber Security & Data Protection Laws
  • Senior partners have experience with Big 4 firms and multinational corporates
  • Services include Audit & Assurance, Internal Audit, Concurrent Audit, Operational & Management Audit, Risk Advisory, IFC implementation/review, Forensic & Insolvency Services, Regulatory & Compliance Audits
  • Sector exposure across 26+ sectors including Energy & Utilities, Government & Public Sector, Banking & Financial Services, Infrastructure & Construction
  • Empanelment/associations with Directorate of Enforcement, Narcotics Control Bureau, Indian Banks Association, Serious Fraud Investigation Office, Supreme Court of India, NPDCL, TSGENCO
  • Member of KSL Network Alliance with K C Mehta & Co. LLP and Suri & Co. (combined strength: 50 partners, 900+ professionals across 17 offices)

M/s. PSD & Associates, Chartered Accountants, New Delhi

  • Established in 1988 by Mr. Prakash Sharma and Mr. Durga Dutt Dadhich
  • Headquarters in Jaipur, Rajasthan with branch offices in New Delhi, Mumbai, Ahmedabad, Ranchi, Patna, Jodhpur, and Udaipur
  • Professional team: 22 Fellow and Associate Chartered Accountant partners, 5 qualified assistants, over 35 article assistants
  • Empanelment: Category-I with C&AG of India (CAG Ranking #36 for 2022–23), Indian Banks' Association (IBA) for Specialised Monitoring, Serious Fraud Investigation Office (SFIO), Income Tax Department u/s 142(2A)
  • Valid ICAI Peer Review Certificate through January 31, 2029
  • Partner qualifications: DISA, CISA, Certified Peer Reviewer, Certified Forensic Auditor, Certified Concurrent Auditor
  • Statutory audit experience: NTPC Limited, Power Grid Corporation of India Limited, Shipping Corporation of India, Oil & Natural Gas Corporation Limited (ONGC), Nuclear Power Corporation of India Ltd, SBI Life Insurance, Hindustan Zinc Limited, Rajasthan Renewable Energy Corporation, Punjab National Bank
  • Core competencies: Statutory & Internal Audits, Direct & Indirect Taxation, Forensic & Diligence Audits, Corporate Law Advisory, Project Financing, Policy Documentation

M/s. Laldash & Co., Chartered Accountants, Bhubaneswar

  • Established in 1989 with Head Office at Bhubaneswar and branch office at Angul, Odisha
  • 10 partners with team of experienced Chartered Accountants, Cost Accountants & other skilled personnel
  • 30+ years experience serving Corporates, partnership firms, LLPs, Trusts/Societies, Govt. organisations, PSUs, high net worth individuals
  • Core services: Audit & Assurance, Direct & Indirect taxation (IT & GST), Financial consultancy to Govt/Private sector, Corporate regulatory Compliance, Funding from Banks & NBFC
  • Clientele sectors: Real Estate & Constructions, Infrastructure, Health Care, Education, Financial Services, Charitable & religious Institutions, power, automobile & hospitality