Pearl Green Clubs and Resorts Limited informed the exchange regarding the appointment of M/s Hiral Prajapati & Co LLP as the Statutory Auditors of the Company
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
At its 05 June 2026 board meeting, Pearl Green Clubs and Resorts Limited approved sweeping changes across its leadership and audit function. Statutory auditor M/s Rawka & Associates resigned effective 04 June 2026, citing increased professional commitments at Indore, and was replaced by M/s Hiral Prajapati & Co LLP (appointed to fill the casual vacancy until the next AGM and recommended for a 5-year term). Independent Director Mr. Pankaj Ganpati Yadav also resigned on 04 June 2026 and was replaced by Mr. Parth Hasmukhbhai Patel as Additional Independent Director. CFO Mr. Prabhat Kumar Jha resigned on 04 June 2026 for personal reasons. Additionally, Secretarial Auditor M/s JCA & Co. stepped down and was replaced by Ms. Surbhi Bansal for FY 2026-27, while M/s Kulin Shah & Associates was appointed as Internal Auditor for FY 2026-27.
The cluster of exits in a single day (CFO, statutory auditor, secretarial auditor, and an independent director) is unusual and may worry investors about governance stability. Shareholders should monitor the appointment of a new CFO and the outcome of the next AGM, where the new statutory auditor's appointment will be ratified.