HEC INFRA PROJECTS LIMITED has informed the Exchange about Resignation of Statutory Auditor
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HEC Infra Projects Limited's statutory auditor, M/s. Paresh Thothawala & Co (FRN: 114777W), resigned effective August 1, 2025, well before the end of their scheduled term (which was to run until March 31, 2028). The auditor cited pre-occupation with other assignments and an inability to devote adequate time to the company's affairs as the reason. The auditor completed the limited review for the quarter ended June 30, 2025 and explicitly stated there are no concerns, no management-imposed limitations, and no other material reasons for the resignation. The company has not yet announced a replacement auditor.
While the resignation is mid-term, the auditor flagged no governance or audit-quality concerns, which is reassuring for shareholders. However, the company will need to appoint a new statutory auditor promptly to avoid any disruption to upcoming audits, and investors should watch for the appointment announcement.