StockWatch
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Asset Management Company
Auditor3 Sept 2026, 12:44 pm

Gaja Alternative Asset Management Appoints New Statutory Auditors

AI Summary

Gaja Alternative Asset Management Limited's Board of Directors has approved the appointment of M/s. Price Waterhouse Chartered Accountants LLP as the new Statutory Auditors, succeeding M/s. Nangia & Co. LLP who resigned due to mandatory auditor rotation triggered by exceeding paid-up share capital thresholds. The appointment is subject to shareholder approval at the upcoming 27th Annual General Meeting scheduled for September 26, 2026. The Board also approved the continuation of Mr. Upendra Kumar Sinha's directorship beyond 75 years and fixed September 19, 2026, as the record date for dividend entitlement and e-voting.

Key Highlights

  • New statutory auditors appointed, subject to shareholder approval.
  • Previous auditors resigned due to mandatory rotation requirements.
  • AGM scheduled for September 26, 2026, to approve auditor appointment.
  • Director's continuation beyond 75 years approved.
  • Record date set for dividend entitlement and e-voting.