Reappointment of Cost Auditor for FY 2026-27
IL&FSENGG · price
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The Board of Directors of IL&FS Engineering and Construction Company has approved the re-appointment of M/s. Narasimha Murthy & Co., Cost Accountants (FRN: 000042) as Cost Auditors for the financial year 2026-2027. The appointment was made at the board meeting held on 27th May, 2026, following the recommendation of the Audit Committee. The firm, which has been operating since 1983, will conduct audit of cost records pertaining to road and other infrastructure projects. The terms remain unchanged from the previous year, with applicable GST and reimbursement of actual out-of-pocket expenses.
This is a routine corporate governance filing with no material impact on the stock. The reappointment of the same auditor indicates continuity in audit processes with no red flags raised by the Audit Committee.