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General Insurance
Auditor1 Oct 2026, 09:30 pm

GIC Appoints Joint Statutory Auditors for FY 2026-27

AI Summary

General Insurance Corporation of India (GIC) has announced the appointment of joint statutory auditors for the Financial Year 2026-27. The Board of Directors, via a circular resolution on October 1, 2026, approved the appointment and remuneration of the auditors, as advised by the Comptroller and Auditor General of India (C&AG). The appointed auditors are M/s S H B A & CO LLP and M/s S A R A & Associates. Both firms have extensive experience in statutory audits and other professional services. The appointment is effective for FY 2026-2027.

Key Highlights

  • GIC appoints M/s S H B A & CO LLP and M/s S A R A & Associates as joint statutory auditors.
  • Auditors appointed for the Financial Year 2026-27.
  • Appointment and remuneration approved by the Board of Directors.
  • C&AG advised the appointment of these auditors.
  • Both firms possess significant experience in audit and professional services.