Gujarat Gas Limited has informed the Exchange regarding Appointment of M/s Ernst & Young LLP as Internal Auditors of the company w.e.f. April 01, 2026.
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Gujarat Gas Limited's Board of Directors, at a meeting held on March 12, 2026, approved the re-appointment of M/s Ernst & Young LLP (EY) as the company's Internal Auditors for financial year 2026-27, effective from April 1, 2026. This is a re-appointment, meaning EY will continue in this role for another year. EY is a global professional services firm with over 700 offices in 150+ countries and has deep experience in India's City Gas Distribution (CGD) sector, having worked with multiple gas distribution companies including Gujarat Gas, GSPL, Mahanagar Gas, Adani Total Gas, and others. The company has 13,200+ risk advisory professionals in India, with 150+ oil and gas sector specialists. The filing was made under SEBI Listing Regulations to keep the exchanges informed of the change.
This is a routine re-appointment of a reputable global audit firm, which should provide continuity and confidence in the company's internal audit processes. It is unlikely to have any material impact on the stock price, as no governance concerns or auditor changes (like resignation) are indicated.