Gayatri Highways Appoints PPKG & Co. as Statutory Auditors to Fill Casual Vacancy
Gayatri Highways Limited appointed M/s. PPKG & Co. as Statutory Auditors to fill a casual vacancy. The appointment is effective August 29, 2026, and will continue until the conclusion of the next AGM. This appointment is subject to shareholder approval.
The appointment of statutory auditors is a standard regulatory requirement and does not directly impact the company's operations or financial performance in the short term.
The appointment of statutory auditors is a routine corporate governance matter and does not inherently carry a positive or negative financial implication for the company.
Gayatri Highways Limited announced the appointment of M/s. PPKG & Co., Chartered Accountants, as the Statutory Auditors to fill a casual vacancy. This decision was approved by the Board of Directors on August 29, 2026, based on the recommendation of the Audit Committee.
The appointment is to fill the vacancy caused by the resignation of the previous auditors, M/s. PRSV & Co. LLP. M/s. PPKG & Co. will hold office effective August 29, 2026, until the conclusion of the upcoming Annual General Meeting (AGM). Shareholders will be asked to approve or ratify this appointment at a General Meeting to be held within the prescribed statutory timelines.
Furthermore, the Board has recommended the appointment of M/s. PPKG & Co. as Statutory Auditors from the conclusion of the 20th AGM until the conclusion of the 25th AGM, subject to shareholder approval at the upcoming AGM. M/s. PPKG & Co. is a Hyderabad-based Chartered Accountancy firm established in 2002, with five partners, offering a range of professional services including audit, assurance, taxation, and corporate law compliance. They have experience with various types of companies and entities.
A plain-language summary of a public exchange filing by Gayatri Highways Limited. Read the original for the full detail.