The Shipping Corporation of India has announced the appointment of statutory auditors for the financial year 2025-26. The decision was made in compliance with Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following a communication dated September 10, 2025.
The newly appointed joint statutory auditors are PSD & Associates, Mumbai, and D R Mohnot & Co, Mumbai. The appointment follows the receipt of communication from the Comptroller and Auditor General of India on September 10, 2025.
The term of appointment for both firms is one year, covering the financial year 2025-26.
The brief profiles of the appointed auditors are as follows:
- M/s. PSD & Associates - Annexure - A
- M/s. D. R. Mohnot & Co - Annexure - B
The event occurred on November 9, 2024, at 14:51 hours IST.
Annexure A: M/s. PSD & Associates
M/s. PSD & Associates, a chartered accountancy firm, commenced operations in 1988. Founded by Mr. Prakash Sharma and Mr. Durga Dutt Dadhich, the firm has grown to include twenty-two partners. The firm provides services with modern infrastructure and a proficient staff, including five qualified assistants, four postgraduates, and approximately ninety unqualified assistants.
The firm offers a pool of professionals, including company secretaries, IT professionals, and lawyers, to provide solutions to clients. Quality is a priority for the firm, which is managed and service-oriented.
The head office is located in Jaipur, Rajasthan, near the Registrar of Companies, Reserve Bank of India, and Department of Tax Revenue. The firm has branches in metro and non-metro cities such as Mumbai, Delhi, Ahmedabad, Ranchi, Patna, Jodhpur, and Udaipur.
Key details of the firm include:
- Firm Name: M/s P.S.D. & Associates
- Managing Partner: Prakash Sharma
- CAG Ranking (2022-23): 36
- Head Office Address: 324, Ganpati Plaza, M I Road, Jaipur – 302001
- Telephone No.: +91-141-2389181
- Mobile No.: +91-9929097300
- E-mail: sharmapsd@yahoo.com, prakash_psd@rediffmail.com
- Firm Registration No.: 004501C
- Unique Code No.: 290981
- MEF No.: MEF16937
- Peer Review Validity till: 31.01.2026
- Year of Establishment: 1988
- Staff Strength: Qualified CAs – 22, Article Assistants -over 35
The list of partners includes CA Dadhich Durga Dutt (FCA, 071909, Certified Peer Reviewer) and CA Sharma Prakash (FCA, 072332, CISA), among others.
The firm specializes in tax practice, accounting, auditing, policies and procedure documentation, and company affairs.
Annexure B: D. R. Mohnot & Co.
M/s D. R. Mohnot & Co., Chartered Accountants, was formed by Mr. D. R. Mohnot in 1980. The firm offers services ranging from statutory audits to income tax matters and consulting services. The firm has a competent pool of Chartered Accountants.
Head Office Contact Details:
- Firm Name: M/s D. R. Mohnot & Co.
- Address: B-1, C-35A, Nakshtra Pride, Lajpat Marg, C-Scheme, Jaipur-302001 Rajasthan
- Email ID: drmohnot@hotmail.com
Establishment Details:
- As Sole Proprietorship Firm: 18th January 1980
- As Partnership Firm: 14th September 1988
Registration Details:
- ICAI Firm Registration No.: 001388 C
- C&AG Registration No.: CRO0881
- RBI Unique Code No.: 290386
- MEF No.: 08095
- PAN No.: AACFD1315R
- GSTIN: 08AACFD1315RIZC, 27 AACFD1315RIZC
The firm has 12 partners and 8 paid CA employees. It has 5 DISA qualifications, 2 Concurrent Audit Certifications, 3 Forensic Auditor (FAFD) certifications and 2 CSR Certification Empanelments.
The firm is empanelled with Indian Banker Association (IBA) for Forensic Auditors and registered with Indian Banker Association (IBA) for Specialized Monitoring Agencies. It is also empanelled with IOB Chennai, Canara Bank, Bank of Maharashtra, Central Bank of India, State Bank of India, and Indian Bank for Forensic Audit and with NHAI for Statutory Audits and Internal audit.
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