Announced Mon, 17 Aug · 18:28 IST

Statutory Auditor resigns mid-term citing personal reasons

Auditor Resigned MidtermManagement Changes View source PDFExplain this filing

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AI summary

Statutory auditor V.R. Bansal & Associates has resigned from Prabhatam Infra Venture Limited effective August 13, 2026, citing personal reasons. The auditor was appointed on April 1, 2024 with term scheduled until March 31, 2029, making this a midterm exit. Resignation is conditional on clearance of professional dues. No management-imposed limitations or information gaps were flagged. Filing is a resubmission to add SEBI-required details missing from the original disclosure.

Likely market impact

Auditor exits mid-term with resignation conditional on pending professional dues. Watch for timely new auditor appointment and any audit gaps.