GRE Renew Enertech Auditors Resign Over Fee Dispute

GRE Renew Enertech Ltd has announced the resignation of its statutory auditors, M/s. Dhiren H Pandya & Associates LLP, effective August 14, 2026. The resignation stems from a disagreement over professional fees for the financial year 2026-27. The auditors requested a revision in fees due to increased scope and responsibilities associated with the company's listed status, including enhanced financial reporting and regulatory compliance. The Audit Committee did not agree to the proposed fee revision, leading the auditors to conclude that they could not continue under the current commercial terms. The auditors confirmed no other material reasons for their resignation, including issues with information availability, management cooperation, or disputes over accounting policies.