Gujarat Pipavav Port Limited has informed the Exchange regarding Change in Auditors of the company.
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Gujarat Pipavav Port Limited (GPPL) is replacing its statutory auditor Price Waterhouse Chartered Accountants LLP with M S K A & Associates, Chartered Accountants, for a five-year term starting from the conclusion of the 33rd AGM on 4th September 2025. The change is routine and driven by the legal requirement under Section 139(2) of the Companies Act, 2013, which limits an audit firm's tenure to two consecutive terms of five years — Price Waterhouse has just completed its second term. M S K A & Associates, established in 1978, is an independent member firm of BDO International with offices across 12 Indian cities. Separately, the board has also approved the re-appointment of Mr. Samir Chaturvedi (DIN: 08911552) as Independent Director for a second term of five years, from 12th November 2025 to 11th November 2030. Both items were approved via circular resolution on 21st July 2025 and are subject to shareholder approval at the AGM on 4th September 2025.
This is a routine, regulation-driven change and not related to any audit-related concerns or governance issues. M S K A & Associates is a well-established firm, and the incoming auditor should provide a smooth transition. The re-appointment of Mr. Chaturvedi ensures continuity on the board. No material impact on shareholders is expected.