NTPC Limited — Audit Report / Information 2022

Sep 27, 2021

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NTPC Limited (A Govt. of India Enterprise)

/ Corporate Centre

Ref. No.01 :SEC:LA:1 Dated :27.9.2021

General Manager	Manager
Department of Corporate Services	Listing Department
BSE Limited	National Stock Exchange of India Limited
Floor 25, Phiroze Jeejeebhoy Towers,	"ExchangePlaza",Bandra-Kurla
Dalal Street,	Complex, Sandra (E),
Mumbai-400 001	Mumbai -400 051
Scrip Code: 532555	Scrip Code: NTPC

Sub.: Corporate Disclosure- Brief Profile of Statutory Auditors

Dear Sir/Madam,

In furtherance to our corporate disclosure dated 141 hSeptember, 2021 intimating regarding appointment of Joint Statutory Auditors of the Company for the financial year 2021-22, brief profiles of the Joint Statutory Auditors as received from them are attached as Annexure-1.

This is for your information and record.

Thanking you,

Yours faithfully, ~~~- ~

(Nandini Sarkar) Company Secretary & Compliance Officer ~- ~

Annexure-1

BRIEF PROFILE OF STATUTORY AUDITORS

1. M/s. S. K. Mehta & Co., Chartered Accountants, New Delhi

S. K. Mehta & Co. is a leading chartered accountancy firm founded in 1970.

It provides comprehensive profess·ional services which include Audit, Tax Advisory, Management Consultancy, Financial Management, Accounting Services, Secretarial Services, Corporate Advisory etc. to a large and wide variety of clients throughout India. Our clients include listed and non-listed public sector and private corporate & others and cover a broad spectrum of industries ranging from manufacturing, construction, insurance, banking, power, retail, hospitality, and information technology etc.

We are an organization on the move & innovating every aspect of client service. We are aggressive in leveraging technology and bringing business solution to every level of our clients. We work as a team recognizing that people come first, and that our success hinges on delivering an independent service and the highest quality business advice to each client. We are focused on relationships, results and clients satisfaction.

Our commitment to providing the highest quality service has made us the preferred choice of organization seeking assurance and financial review services.

Our strong practice ensures that we can deliver seamless quality service with total credibility to the satisfaction of our clients.

A specialized and dedicated team who shall have extensive experience in conducting similar assignments for corporate clients is engaged in carrying out the professional assignment.

The capacity of our firm, the experience of our team and our process ability in coordinating the services will enable us to deliver the service on time.

2. M/s. S. N. Dhawan& Co. LLP, Chartered Accountants, New Delhi

S. N. Dhawan & Co. LLP was established in 1944 and has over 77 years of experience in audit, advisory, tax and legal service. The Firm is registered with the Comptroller and Auditor General of India and Reserve Bank of India for conducting audits of large Public Sector Undertaking & Public Sector Bank. The Firm is also appointed as Statutory Auditors by many large Indian and International corporates and listed entities. Currently, the firm has 20 Partners, 71 Qualified Chartered Accountants and 144 other professional including article and support staff. The Firm has in-depth experience in various sectors i.e. Power, Bankino, NBFC, Insurance, Software, Manufacturino, Automotive, Retail,

FMCG, Real Estate, Construction, Transport and Logistics, Infrastructure, IT and ITES, E-commerce etc.

3. M/s. Varma & Varma, Chartered Accountants, Hyderabad

VARMA·& VARMA, Chartered Accountants was founded on June 17, 1935, by two members of the erstwhile Royal Family of Cochin, in the Southern State of Kerala in India.

The firm which set up its first office in Cochin, Kerala, presently operates with five offices in the State of Kerala and one each at Bangalore in the State of Karnataka, Chennai in the State of Tamil Nadu, Hyderabad in the State of Telangana and Mumbai in the State of Maharashtra.

Presently being managed by 31 partners who are bound together by a common adherence to the aims, philosophies, professional standards and practices set by them jointly, the firm has more than 450 trained staff members, including Managers and other Qualified Accountants.

Varma & Varma has many long standing and reputed clients across all sectors of Industry in varied areas of professional practice such as Assurance, Taxation and Financial consultancy.

4. M/s. Parakh & Co., Chartered Accountants, Jaipur

Parakh & Co. is a premier Chartered Accountant's firm offering professional services in areas of audit, tax and outsourcing services to domestic and multinational business entities. We have specialist teams of professional accountants, lawyers, company secretary and management consultants offering a wide array of services to our clients across the length and breadth of India. The firms' twenty partners and seventy plus staff are committed to provide cost effective, high quality, innovative and practical solutions for your businesses.

We strongly believe in establishing long term relationship with the clients. Starting right from the introductory meetings we would endeavour to make you feel the difference in the quality of service that you can expect and shall receive at Parakh & Co. To us every client is equally important and when they repose their trust in us, it becomes our bounden duty to serve them with utmost care and the highest level of professional competence. Our team is like a family. Every member of the team is encouraged to be friendly, professional and fully committed to delivering the best service. You would find that each team leader would serve you not as an employee of the firm but as an independent professional who is personally responsible and has keen interest in the success of the assignment under his care. In a nutshell, our strength lies in our versatility - wherein you would experience beinQ served personally by a senior member

who can draw upon the vast experience and skills of various partners and firms' professionals to ensure that he is able to provide you with all round solution which is second to none.

5. M/s. C. K. Prusty & Associates, Chartered Accountants, Bhubaneshwar

Mis. C. K. Prusty & Associates is registered with the Institute of Chartered Accountants of India to practice as a recognized firm of professionals. The firm is having its head office at Bhubaneswar and branches across many states of India. The firm was established in 1985 and presently there are 21 partners. The firm has earned its name in the field of Statutory Audit, Tax Audit, Demat Audit, Information Systems Audit, Bank Audit, Internal Audit, Stock Audit, Project Financing, Incorporation of Companies, Income Tax Planning, consulting services both in Private and Public Sectors.

The firm has excellent infrastructure in all offices to cater to the clients' various requirements. The firm is a technology oriented one and strives to improve itself with the dynamic external and internal environment.

6. Mis. B. C. Jain & Co., Chartered Accountants, Kanpur

B.C. Jain & Co., a Chartered accountancy firm with almost 60 years of standing and providing assurance and advisory services to reputed Indian companies and delivering excellence in Accounting, Auditing, Taxation, Assurance and Business Advisory services. It has Nine FCA and Two ACA partners, Five Qualified Assistants. It is a professionally managed, service oriented and knowledge based CA Firm. It has Head Office at Kanpur and has branch in Lucknow. Dr. Rishabh Jain is now the Managing Partner of the Firm.

7. Mis. V. K. Jindal & Co., Chartered Accountants, Ranchi

V. K. JINDAL & CO., Chartered Accountants, established in 1980, having head office at Ranchi (Jharkhand) and 4 branches at Varanasi (UP), Hazaribagh (Jharkhand), Ahemdabad (Gujarat) & New Delhi. The firm have 12 partners with interdisciplinary qualification namely ISA, CISA, DIRM, IFRS, CMA and LLB etc. The team includes over 100 employees including CAs and other domain experts. The Firm with its 41 years of standing conducted statutory Audit of NTPC Limited for the 2019-20 & 2020-21. The firm has also carried out the statutory audit of Central Coalfield Limited, Heavy Engineering Corporation Limited, MECON Ltd, Jharkhand Urja Vikash Nigam Limited. The Firm has also carried out the Central Statutory audit of State bank of India and State Bank of Indore. Apart from these audit the firm has rich experience in carrying out the audit of various private companies and concerns and concurrent audit of various banks including Reserve Bank of India.

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