Prabhatam Infra Venture Limited submitted a resubmitted corporate announcement to BSE Limited regarding the resignation of its statutory auditor, M/s. V.R. Bansal & Associates. The resubmission was necessitated by an observation from the Exchange that the initial announcement dated August 13, 2026 at 01:48:08 PM did not include all required details prescribed under SEBI Circular dated January 30, 2026 read with SEBI Circular dated October 18, 2019.
The statutory auditor, V.R. Bansal & Associates, tendered their resignation effective August 13, 2026 due to personal reasons. The firm is located at B-11, Sector-2, Noida (UP) 201301 with phone number 9810186101 and email cavrbansals@gmail.com.
Key details about the auditor's tenure:
- Appointment date: April 1, 2024
- Scheduled term expiration: March 31, 2029
- Latest audit report/limited review report submitted on: August 11, 2026
The auditor confirmed that the resignation was solely due to personal reasons and not related to any concerns about the company's management or financial statements. The disclosure specifically states:
- No concerns were raised with the Audit Committee or Board of Directors prior to resignation
- No inability to obtain sufficient appropriate audit evidence
- No significant impact on financial statements/results
- No alternative procedures were required under SA 705 (Revised)
- No prevalence of lack of information in previous financial statements
The resignation is subject to clearance of professional dues. The auditor provided a declaration confirming that the information provided is correct and complete, and that there are no other material reasons for the resignation beyond those stated.
The company requested the Exchange to treat this as a fresh/revised submission in continuation of the earlier corporate announcement dated August 13, 2026.