Gloster Limited has informed the Exchange regarding Appointment of M/s SInghi & Co. as Statutory Auditor of the Company to fill casual vacancy caused by resignation of M/s Price Waterhouse & Co Chartered Accountants LLP at the Board meeting held on September 11, 2025.
GLOSTERLTD · price
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Gloster Limited's Board has appointed M/s Singhi & Co. as the new Statutory Auditor of the Company. This appointment fills the casual vacancy created by the resignation of M/s Price Waterhouse & Co Chartered Accountants LLP, one of the Big Four auditing firms. The decision was taken at the Board meeting held on September 11, 2025. The reason for Price Waterhouse & Co's resignation has not been disclosed in this filing.
The sudden exit of a Big Four auditor and replacement with a smaller firm may raise short-term governance concerns among investors. Shareholders should watch for further disclosures from the company explaining the circumstances behind the previous auditor's resignation.