StockWatch
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Auditor20 Jul 2026, 10:00 pm

Punj Lloyd Ltd Cost Auditors SGTC & Associates Resign

AI Summary

Punj Lloyd Ltd has announced the resignation of its Cost Auditors, M/s SGTC & Associates. The resignation is effective July 17, 2026. The auditors cited ineligibility to continue their role as the reason for their departure. The company is required to appoint a new eligible Cost Auditor in accordance with the Companies Act, 2013. SGTC & Associates confirmed that their resignation is not due to any issues with the company's affairs and pledged cooperation for a smooth handover.

Key Highlights

  • Cost Auditors M/s SGTC & Associates have resigned from Punj Lloyd Ltd.
  • Resignation is effective July 17, 2026, due to auditor ineligibility.
  • Company to appoint a new eligible Cost Auditor.
  • Auditors confirm no issues with company affairs prompted resignation.