Intimation regarding Appointment of Statutory Auditor of the Company.
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Purohit Construction Ltd has informed BSE that its previous statutory auditor, M/s. Naresh J Patel & Co., Chartered Accountants (FRN: 123227W), tendered their resignation on July 15, 2025 after completing the limited review of Q1 FY26 (quarter ended June 30, 2025) results. To fill the resulting casual vacancy, the Board of Directors appointed M/s. B N P S and Associates LLP, Chartered Accountants (FRN: 008127S/S200013), effective August 14, 2025. The new auditor will hold office until the conclusion of the 34th Annual General Meeting, with their appointment also subject to shareholder approval at the upcoming AGM. M/s. B N P S and Associates LLP is an India-incorporated firm established in 1998, based in Raichur (Karnataka) with branches in Ahmedabad and Rajkot, and holds a valid peer review certificate.
For retail investors, this is a routine auditor change triggered by the previous auditor's resignation mid-term. The new auditor appears to be a established firm with valid peer review certification. Shareholders should watch for any further disclosures explaining why the previous auditor resigned, as sudden mid-term auditor changes can sometimes raise governance questions, though here the resignation came after completion of the Q1 limited review which limits immediate concerns.