Arisinfra Solutions Limited has informed the Exchange regarding Resignation of M/s. Price Waterhouse Chartered Accountants LLP as Statutory Auditor of the company w.e.f. May 14, 2026.
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Price Waterhouse Chartered Accountants LLP (PwC India) has resigned as the statutory auditor of Arisinfra Solutions Limited, effective May 14, 2026. The resignation comes mid-term, as PwC was originally appointed for a five-year term (FY 2023-24 to 2027-28) at the AGM held on September 30, 2023. The auditor cited a fee dispute as the reason — the company requested a significant reduction in audit fees for FY 2026-27 compared to what was paid for the FY 2025-26 audit. PwC stated it could not undertake the audit at the reduced fee level and tendered resignation with immediate effect. The auditor confirmed it had already completed and issued its audit report for FY 2025-26 (dated May 8, 2026) prior to resigning. The company will now need to appoint a new auditor to fill the vacancy.
The mid-term resignation of a Big Four auditor over a fee dispute raises minor governance concerns and may draw regulatory attention. Until a new auditor is appointed, there is uncertainty around audit continuity for the upcoming quarters.