Auditor22 Jul 2026, 11:20 pm
Power Grid Appoints Joint Cost Auditors for FY27
AI Summary
Power Grid Corporation of India Ltd announced the appointment of M/s. R. M. Bansal & Co. and M/s. Chandra Wadhwa & Co. as joint Cost Auditors for the Financial Year 2026-27. The Board of Directors also approved proposals to enhance borrowing limits to ₹35,000 Crore for FY27 and FY28, subject to shareholder approval. The board meeting took place on July 22, 2026.
Key Highlights
- Joint Cost Auditors appointed for FY 2026-27.
- Borrowing limit enhancement approved for FY27 and FY28.
- Shareholder approval required for borrowing limit increase.
- Both auditors have prior experience with Power Grid.
- Board meeting held on July 22, 2026.
Price Impact
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