StockWatch
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Commodity Chemicals
Auditor8 Sept 2026, 01:40 pm

Hindustan Organic Chemicals Ltd Appoints Balan & Co as Statutory Auditor

AI Summary

Hindustan Organic Chemicals Ltd (HOCL) has announced the re-appointment of M/s. Balan & Co, Chartered Accountants, Kochi, as its statutory auditors for the financial year 2026-27. This appointment is made by the Comptroller and Auditor General of India (CAG) as per Section 139(5) of the Companies Act, 2013, aligning with HOCL's status as a Government of India Company. M/s. Balan & Co will also audit the consolidated financial statements for the same fiscal year. The firm's main office is in Kochi, with CA Mohanan as the managing partner.

Key Highlights

  • M/s. Balan & Co appointed as statutory auditors for FY 2026-27.
  • Appointment confirmed by the Comptroller and Auditor General of India.
  • Firm will also audit consolidated financial statements.
  • HOCL is a Government of India Company under Ministry of Chemicals & Fertilizers.