Statutory Auditor PRSV and Co LLP resigns mid-term from August 13, 2026
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PRSV and Co LLP, Chartered Accountants resigned as Statutory Auditor of Gayatri Highways effective August 13, 2026, about 2 years before completing their 5-year term that was to end at the 2027-28 AGM. They cited increased professional pre-occupation in other assignments and manpower constraints. The auditor confirmed no issues with obtaining audit evidence and no other concerns to flag to the Board. FY2026 audit (report dated May 25, 2026) and Q1 FY2027 limited review (report dated August 13, 2026) were already completed before resignation.
Mid-term auditor exit may raise governance questions; shareholders should await disclosure of the new auditor appointment and reasons.