StockWatch
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Oil Exploration & Production
Auditor7 Aug 2026, 07:01 pm

Oil India Appoints Shome & Banerjee as Cost Auditor for FY27

AI Summary

Oil India Ltd announced the appointment of M/s Shome & Banerjee, Cost Accountants, as the Cost Auditor for the Financial Year 2026-27. This decision was made during the Board of Directors' meeting held on August 7, 2026. The company also considered and approved the Unaudited Financial Results for the quarter ended June 30, 2026, on both standalone and consolidated bases, along with the Limited Review Report. The brief profile of the appointed cost auditor, Shome & Banerjee, highlights their status as a partnership firm established in 1968, with seven partners and offices in Kolkata, Delhi, and Mumbai, offering services including cost audit, management consultancy, and taxation.

Key Highlights

  • Oil India appointed Shome & Banerjee as Cost Auditor for FY26-27.
  • Board meeting also approved unaudited Q1 FY27 financial results.
  • Cost auditor firm has a long history and multiple offices.
  • Appointment aligns with SEBI and exchange circulars.