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IRCON International Ltd. ( (IN:IRCON) ) has shared an announcement.
IRCON International Ltd. has announced that, with the approval of the Comptroller and Auditor General of India, it has appointed and reappointed statutory auditors for its foreign branches in Bangladesh, Sri Lanka, Algeria and Myanmar for the financial year 2025-26. The move designates K M Alam & Co. as auditor in Bangladesh, Jayasinghe & Co. in Sri Lanka, Kerbal Athmane in Algeria, and MyAsia Consulting Co. Ltd. in Myanmar, with terms aligned to C&AG policy and local laws; by reinforcing external oversight in key overseas markets, the company aims to maintain robust governance and compliance across its international operations, which is relevant for investors monitoring its risk controls and transparency in foreign projects.
More about IRCON International Ltd.
IRCON International Ltd. is an India-based infrastructure company primarily engaged in engineering, procurement and construction (EPC) services, with significant operations through foreign branches in countries such as Bangladesh, Sri Lanka, Algeria and Myanmar. The company frequently undertakes large-scale projects in railways and related infrastructure segments under oversight from Indian government authorities and regulators.
Average Trading Volume: 351,409
Technical Sentiment Signal: Sell
Current Market Cap: 154.2B INR
See more data about IRCON stock on TipRanks’ Stock Analysis page.