The Exchange had sought clarification from Gayatri Highways Limited for the quarter ended 31-Dec-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Limited Review Report/ Independent Auditor's Report is not in the format prescribed by SEBI. The response of the Company is enclosed.

Gayatri Highways has submitted a clarification to NSE explaining that the Standalone Limited Review Report (LRR) for Q3 and 9M ended 31 December 2025 had an inadvertent typographical error in the period header (showed '30th September 2025' instead of '31st December 2025') and was missing its signature page; a corrected and complete LRR has now been filed. Underlying filings show the company posted a standalone net loss of Rs. 350.91 lakhs in Q3 FY26 (vs Rs. 393.22 lakhs loss in Q3 FY25) but a 9M FY26 standalone net profit of Rs. 2,292.58 lakhs, while on a consolidated basis the 9M FY26 total loss stood at Rs. 812.40 lakhs with deeply negative other equity of Rs. (67,387.04) lakhs. The board has approved a proposal to sell the company's stake in jointly controlled entity HKR Roadways Limited to Cube Highways and Infrastructure V PTE Limited, with Kotak Special Situations Fund also a party to the Securities Purchase Agreement. The auditor issued a qualified review report flagging term loan defaults of Rs. 5,015.86 lakhs (IL&FS), a Rs. 17,887.51 lakhs write-back pending confirmation, and unprovided impairments of around Rs. 4,890 lakhs in jointly controlled entities. Subsidiary Indore Dewas Tollways Limited remains under liquidation/CIRP.