BSEPunj Lloyd LtdMediumNegative
Announced Mon, 20 Jul · 21:53 IST
Cost Auditor SGTC and Associates resigns from Punj Lloyd
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Punj Lloyd informed BSE and NSE that M/s SGTC and Associates, Cost Accountants, have resigned as Cost Auditors of the company effective July 17, 2026. The firm stated they were ineligible to continue, while their resignation letter cites professional commitments and other unavoidable circumstances. The auditor confirmed no issues connected with the companys affairs prompted the exit. The resignation relates to financial year 2018-2019.
Likely market impact
Company must appoint a new Cost Auditor. A cost auditor exit this late for FY 2018-19 is administrative but may raise mild governance concerns.