Gaja Alternative Asset Management Limited has appointed M/s Price Waterhouse Chartered Accountants LLP as its new statutory auditors, subject to shareholder approval at the upcoming annual general meeting.

The board approved the appointment on September 3, 2026, following the resignation of M/s Nangia & Co. LLP. The outgoing auditors cited regulatory rotation requirements under Section 139(2) of the Companies Act, 2013, triggered by the company’s paid-up share capital exceeding prescribed thresholds during FY26.

Auditor Transition Details

The transition involves a five-year tenure for the incoming firm. The key details of the appointment and resignation are outlined below:

Nangia & Co. LLP served as statutory auditors since their re-appointment on September 30, 2024. They issued their latest audit report for FY26 on June 4, 2026, and are scheduled to issue a limited review report for the quarter ended June 30, 2026. The firm confirmed no concerns or material issues arose during their tenure.

Corporate Governance Updates

The board also recommended the continuation of Mr. Upendra Kumar Sinha as a non-executive non-independent director beyond the age of 75 years. This recommendation requires shareholder approval pursuant to Regulation 17(1A) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Annual General Meeting Logistics

Gaja Alternative Asset Management Limited will hold its 27th Annual General Meeting on September 26, 2026, at 12:00 noon via video conferencing or other audio-visual means. The record date for determining dividend entitlements and voting eligibility is fixed for September 19, 2026.

The dividend payout for the financial year ended March 31, 2026, remains subject to final approval by shareholders at the AGM.

Invesco Mutual Fund schemes acquired a 6.6087% stake in Gaja Alternative Asset Management Ltd , bringing their aggregate holding to 8.3225% of the paid-up share capital as on August 26, 2026.

The acquisition was executed through open market transactions across five specific fund schemes managed by Invesco Asset Management (India) Pvt. Ltd. The disclosure was made in compliance with Regulation 29(1) and 29(3) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Acquisition Details

The purchase involved the acquisition of 93,18,919 equity shares carrying voting rights. Prior to this transaction, Invesco Mutual Fund held 24,16,622 shares, representing 1.7138% of the company’s equity.

The following table outlines the change in shareholding:

The funds involved in the acquisition include the Invesco India Consumption Fund, Invesco India Smallcap Fund, Invesco India Financial Services Fund, Invesco India ELSS Tax Saver Fund, and the Summit Equity Long-Short Fund.

Regulatory Compliance

The disclosure was submitted to the National Stock Exchange of India Ltd. and BSE Limited by Hardik Mehta, Chief Risk Officer at Invesco Asset Management (India) Pvt. Ltd. The filing confirms that the acquirer does not belong to the promoter or promoter group of Gaja Alternative Asset Management Ltd.

The company’s total equity share capital remains unchanged at ₹70,50,51,150, comprising 14,10,10,230 equity shares of Re. 5 each. No warrants, convertible securities, or encumbered shares were involved in the transaction.