GAIL (India) Limited has informed the Exchange regarding Appointment of M/s Ravi Rajan & Co., Chartered Accountants, New Delhi and M/s Arun K Agarwal & Associates as Other of the company w.e.f. September 10, 2025.
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GAIL (India) Limited has informed the stock exchange about the appointment of M/s Ravi Rajan & Co., Chartered Accountants (New Delhi) and M/s Arun K Agarwal & Associates as 'Other Auditors' of the company, effective September 10, 2025. This appears to be the appointment of joint statutory auditors to share the audit responsibilities alongside any existing auditor of the company. The announcement does not specify whether this is a fresh appointment or a replacement. No financial details, tenure, or reasons for the change were disclosed in the filing.
Auditor appointments are routine regulatory disclosures and generally have a neutral impact on the stock price. Shareholders should monitor whether this is a change from the previous auditor, which could warrant a closer look at the audit committee's reasoning.