CAG appoints Statutory and Branch Auditors for FY 2026-27

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ITI · price

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Price reactionminutes from the announcement price · days from the prior close

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₹238.50

prior close

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announcement price

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Nifty Smallcap 250market-2.3%-0.8% vs market

Telecom - Equipment & Accessories peers, median of 5sector-4.1%+1.0% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Smallcap 250 and 1.0 pts more than its Telecom - Equipment & Accessories peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Smallcap 250Sector · Telecom - Equipment & Accessories peers, median of 5Pending

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AI summary

ITI Limited, a government PSU, has informed exchanges that the Comptroller and Auditor General of India (CAG) has appointed six chartered accountant firms as statutory and branch auditors for financial year 2026-27 under Section 139 of the Companies Act 2013. S Viswanathan LLP will handle the statutory audit covering the Bengaluru plant, corporate office, and consolidated accounts. Five other firms will audit units at Rae Bareilly, Naini, Mankapur, Palakkad, and Srinagar as branch auditors.

Likely market impact

Routine CAG-led appointment for a government PSU. No material impact on shareholders expected.