StockWatch
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Industrial Minerals
Auditor14 Oct 2026, 06:30 pm

Orissa Minerals Appoints SDR & Associates as Statutory Auditors

AI Summary

Orissa Minerals Development Company Ltd has announced the appointment of M/s. SDR & Associates, Chartered Accountants, Bhubaneswar, Odisha, as the Statutory Auditor for the Financial Year 2026-2027. This appointment has been made as per the communication received from the Office of the Comptroller and Auditor General of India (CAG), in accordance with Section 139 of the Companies Act, 2013. The auditors will also be responsible for auditing the Consolidated Financial Statements. The company will regulate remuneration as per the Companies Act and relevant guidelines.

Key Highlights

  • SDR & Associates appointed as Statutory Auditor for FY 2026-2027.
  • Appointment made as per CAG's directive under Companies Act, 2013.
  • Auditors will also handle Consolidated Financial Statements.
  • Remuneration to be regulated as per statutory guidelines.