Chennai Petroleum Corporation500110Auditor rotation (end

Statutory auditors appointed for 2026-27

Chennai Petroleum Corporation's Board noted the appointment of M/s R G N Price & Co, Chartered Accountants, as Statutory Auditors for 2026-27.

By ScoutQuest · Thu 22 Oct 2026, 1:56 PM IST · 2 min read

The Board of the company, at its meeting on October 22, 2026, noted the appointment of M/s R G N Price & Co, Chartered Accountants, as Statutory Auditors for the year 2026-27.
The appointment was made by the Office of the Comptroller and Auditor General of India (C&AG), New Delhi.
The appointment is effective from 22.10.2026 and runs for the year 2026-27.
The firm's registration number is MD0018 and its office is at Anna Salai, Chennai.

Established in 1945 in India and in the audit and assurance profession for more than 80 years.
Head office at Chennai, with branches at Mumbai, Bengaluru, Kochi, Kollam and Kozhikode.
Seventeen partners, of whom two have been associated with the firm for over 30 years and three other partners have around 25 years of experience.
Overall staff strength of more than 50 Chartered Accountants and over 300 staff members.
Areas of work listed by the firm include audit and assurance, due diligence reviews, forensic services, IT audits, business valuations, arbitration support, ESG compliance, taxation and financial compliance matters, Ind AS transition support, internal control framework set-up, cost reduction strategies, merger and acquisition assistance and financial performance health checks.

The Board meeting at which the appointment was noted commenced at 12:00 HRS and concluded at 13:35 HRS.
The disclosure states that there is no relationship between the company's directors and the auditor firm in this case of appointment.

A statutory auditor is the independent firm that examines the company's accounts and signs off on its audited financial results each year. Naming one for the year is a routine, recurring governance step rather than a business event.
The selection here was made by the C&AG; the company's Board only noted that appointment. The company is described in the update as a Government of India Enterprise and a group company of IOCL.
The update carries no financial terms, fees or changes to the company's operations.

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