Intimation Under Regulation 30 of SEBI (LODR) Regulations, 2015- resignation of Statutory Ayditor
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GK Consultants Ltd announced the resignation of its Statutory Auditors, M/s Punam Kumar Gupta & Associates (Firm Registration No. 013416N), effective 29-05-2026. The firm cited pre-occupation due to internal logistical and resource constraints as the reason for stepping down. The auditors explicitly clarified that there are no circumstances, material reasons, or concerns connected with the company's operations, management, or financial reporting that influenced their decision. They were appointed at the AGM held on 12th July 2025 for a 5-year term and had audited financial statements up to the year ended March 31, 2026. The company has not yet announced a replacement auditor.
The mid-term resignation of the statutory auditor could raise concerns among investors about potential governance or financial reporting issues, even though the auditors have denied any such concerns. A replacement auditor appointment will be closely watched by the market.