BSEPrabhatam Infra Venture LtdLowNeutral
Announced Thu, 9 Jul · 17:58 IST

Secretarial Auditor resigns midway through 5-year term

Auditor Resigned MidtermManagement Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Prabhatam Infra Venture Ltd's Secretarial Auditor, Mukesh Kumar Agarwal, resigned effective 9 July 2026. He was appointed for a 5-year term from FY2025-26 to FY2029-30, making this a midterm exit. Reason cited: pre-occupation with other assignments. The auditor confirmed no dispute with management, no pending information requests, and that the FY2025-26 secretarial audit had not yet commenced. No material impact on investors was flagged.

Likely market impact

Midterm auditor exit is a mild governance red flag. Company must appoint a new secretarial auditor soon; watch for timely replacement disclosure.