Announced Sat, 29 Aug · 15:22 IST
Gayatri Highways appoints new auditor to fill casual vacancy
GAYAHWS · price
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Price reaction · full curve 14 horizons · vs prior close
+9.5%1-day move
₹1.89
prior close
₹2.18
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-12.8-10.6-11.9-4.6+9.5+5.8+5.3+2.1+2.6+2.1————
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AI summary
Gayatri Highways appointed M/s. PPKG and Co., Chartered Accountants as the new statutory auditor effective August 29, 2026, filling a casual vacancy caused by the resignation of the previous auditor, PRSV and Co. LLP. PPKG and Co., a Hyderabad-based firm established in 2002 with five partners, will serve until the next AGM. The board also recommended their appointment for a five-year term, pending shareholder approval.
Likely market impact
Prior auditor resigned mid-term, which can be a governance red flag. New auditor brings standard experience; shareholders should watch for audit disclosures.