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LatestAccounting And Audit 18 September 2026

ONGC Approves Three Cost Auditors FY27

The board of state‑owned oil giant ONGC has approved the appointment of three cost audit firms for financial year 2027, fulfilling India’s mandatory cost audit rules for hydrocarbons and energy companies. The move ensures compliance and aims to strengthen financial oversight as the sector navigates regulatory pressures.

ONGC has appointed three cost audit firms for FY27 under India's hydrocarbon sector regulations.

  • Appointment approved by the board.
  • Firms will ensure compliance with cost audit requirements.
  • Aligns with government mandates for energy companies.

For full details, see the Kalkine India article.

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