Punj Lloyd: Joint Statutory Auditor Kashyap Sikdar and Co resigns

Auditor Resigned MidtermManagement Changes View source PDF Explain this filing

Price reaction

Awaiting price reaction for this filing.

AI summary

One of Punj Lloyd's joint statutory auditors, M/s Kashyap Sikdar and Co. (FRN 016253N), resigned effective 11 August 2026, citing professional preoccupation and inability to devote required time and resources. The other joint statutory auditor, Shah Dhandharia and Co. LLP, continues in role. The resigning auditor raised no concerns and flagged no qualifications on financial statements.

Likely market impact

Low impact as the other joint auditor stays on. No governance red flags or qualifications raised by the resigning auditor.