Please find attached relevant disclosure together with required annexures
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The statutory auditors of Global Infratech & Finance Ltd, M/s. Bihari Shah & Co., Chartered Accountants (FRN 119020W), have resigned effective July 28, 2025. They cited inability to arrive at a mutually agreeable fee structure with management and a desire to maintain professional objectivity and audit quality. The auditors confirmed they completed the FY25 annual audit (report dated May 21, 2025) and the Q1 FY26 limited review (period ended June 30, 2025). No concerns about the company's management or any other material reasons were flagged. The firm was originally appointed on January 21, 2025, with a term running until March 31, 2029, making this a mid-term resignation. The Audit Committee and Board will appoint a new statutory auditor to fill the casual vacancy.
This is a mid-term auditor exit driven by a fee disagreement rather than governance concerns, which is a relatively routine event. The company will need to appoint a replacement auditor soon to avoid compliance issues; shareholders should watch for the appointment disclosure and any unusual fee demands in future filings.