NTPC Limited has informed the Exchange regarding Change in Auditors of the company.
NTPC · price
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NTPC's Board, at its meeting on 21st June 2025, approved the issuance of secured or unsecured, redeemable Non-Convertible Debentures (NCDs/Bonds) up to Rs. 18,000 crore through private placement in domestic markets, to be done in up to 12 tranches over one year. Shareholder approval will be sought via a Postal Ballot, with 20th June 2025 fixed as the cut-off date for eligible members. The Board also appointed four cost accounting firms — Dhananjay V Joshi & Associates, Niran & Co., R M Bansal & Co., and Chandra Wadhwa & Co. — as Cost Auditors for FY 2025-26. These are well-established firms with experience auditing major PSUs and large corporates across power, telecom, coal, and oil & gas sectors.
The Rs 18,000 crore bond raise will support NTPC's large capital expenditure plans, including its power generation and clean energy projects, but will also add to the company's debt obligations. The cost auditor appointments are routine and unlikely to affect the stock price. Overall, this is a standard operational and financing update with no negative governance signals.