Statutory Auditor PRS V and Co resigns mid-term citing workload
GAYAHWS · price
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PRS V and Co LLP, Chartered Accountants, has resigned as statutory auditor of Gayatri Highways with immediate effect from 13 August 2026. They were appointed in September 2022 for a 5-year term until the 2027-28 AGM. Reasons cited: increased professional workload elsewhere and manpower constraints. The auditor confirmed resignation is not due to any inability to obtain audit evidence or any dispute with management. They completed the FY26 audit and Q1 FY27 limited review before stepping down.
Mid-term auditor change may cause short-term delays in audits; firm cites no governance concerns, but watch for timely appointment of new auditor.