GE T&D India Board Backs 5-Year Deloitte Role, Names EY Internal Auditor

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AuthorAnanya Iyer|Published at:
GE T&D India Board Backs 5-Year Deloitte Role, Names EY Internal Auditor
Overview

GE T&D India's board has recommended the re-appointment of Deloitte Haskins & Sells as Statutory Auditors for a five-year term. The company also appointed Ernst & Young LLP as Internal Auditor and Yogesh Gupta & Associates as Cost Auditor for FY2026-27. These appointments aim to ensure audit continuity and strengthen financial oversight, pending shareholder approval for the statutory auditor.

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GE T&D India Board Backs 5-Year Deloitte Term, Appoints EY as Internal Auditor

GE T&D India Limited's board of directors met on May 11, 2026, recommending Deloitte Haskins & Sells for re-appointment as Statutory Auditors for a five-year term. The company also appointed Ernst & Young LLP as Internal Auditor and Yogesh Gupta & Associates as Cost Auditor for the fiscal year 2026-27.

This recommendation for Deloitte Haskins & Sells, which aims to ensure audit continuity and strengthen corporate governance, is subject to shareholder approval at the company's upcoming Annual General Meeting. The appointments of Ernst & Young LLP and Yogesh Gupta & Associates are set to enhance internal financial controls and compliance for the next fiscal year.

GE T&D India, formerly known as GE Power India Limited, operates in India's power transmission and distribution sector. Its rebranding reflects its focus on T&D solutions.

Investors will be watching the shareholder vote closely, as it is a crucial step for confirming Deloitte's reappointment. The company is focused on maintaining robust financial oversight with these new audit appointments.

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