Gayatri Highways Limited approved the appointment of M/s. PPKG & Co., Chartered Accountants, as its new statutory auditors during the 20th Annual General Meeting (AGM) held on September 29, 2026.

The firm will hold office for a period of five years, from the conclusion of the 20th AGM until the conclusion of the 25th AGM. This appointment fills the casual vacancy caused by the resignation of the previous auditors, M/s. PRSV & Co. LLP.

Auditor profile and term

M/s. PPKG & Co. (Firm Registration No. 009655S) is a Chartered Accountancy firm established in 2002 with its registered office in Hyderabad. The firm comprises five partners and provides services in Audit, Assurance, Taxation, Banking Audit, Internal Audit, Project Finance, Corporate Law, Regulatory Compliances, and Consultancy. It has experience serving public and private companies, Public Sector Undertakings, banks, and entities across various sectors.

The previous statutory auditors, M/s. PRSV & Co. LLP, had issued their report with qualifications for both standalone and consolidated statements for FY26. In contrast, the Secretarial Auditors, M/s. V Shankar & Co., issued a clean report with no qualifications or adverse observations for the same period.

Key resolutions passed

The following ordinary resolutions were considered and approved by the members:

Governance and voting details

Mr. C.N. Kranthi Kumar, Company Secretary in Practice, served as the scrutinizer for the e-voting process. The Chairman, Mr. M.V. Narasimha Rao, noted that the consolidated results of the remote and on-meeting e-voting would be announced within two working days. The CEO, Mr. K.G. Naidu, addressed members regarding the company's performance and future outlook during the session.

Voting outcome analysis

Voting results indicate that all four resolutions were passed with requisite majority. For the first three resolutions regarding financial statements and auditor appointments, promoters and promoter group voted in favor with 146,449,310 votes, representing 99.9994% of the total votes polled. Public non-institutional shareholders cast 233,868 votes, with 232,945 in favor and 923 against.

For Resolution 4, concerning the ₹150 crore loan from Gayatri Projects Limited, promoters and promoter group abstained from voting due to their interest in the transaction. Consequently, the resolution relied entirely on public shareholder votes. Out of 233,868 votes polled by public non-institutional shareholders, 232,910 voted in favor (99.59%) and 958 voted against (0.41%). Institutional public shareholders did not cast any votes on this item.

Gayatri Highways Ltd has confirmed the schedule for its 20th Annual General Meeting (AGM), scheduled for September 29, 2026. The company also disclosed the remote e-voting window and book closure dates in a regulatory filing dated September 4, 2026.

The meeting will be conducted via Video Conferencing or Other Audio Visual Means (VC/OAVM) at 3:30 pm. Shareholders holding shares as on the cut-off date of September 22, 2026, are eligible to vote. The register of members and share transfer books will remain closed from September 23 to September 29, 2026.

E-Voting Schedule

The company engaged KFin Technologies Limited to facilitate remote e-voting. The e-voting module will be open for four days:

• Start Date: September 25, 2026, at 9:00 am
• End Date: September 28, 2026, at 5:00 pm

Shareholders who have not cast their votes remotely can exercise their voting rights during the e-AGM. However, those who vote remotely cannot vote again during the meeting. Mr. C.N. Kranthi Kumar, Practising Company Secretary, has been appointed as the scrutinizer to oversee the e-voting process.

Auditor Appointment Recap

Earlier, on August 29, 2026, the board appointed M/s. PPKG & Co., Chartered Accountants, as statutory auditor to fill a casual vacancy following the resignation of PRSV & Co. LLP. Shareholders will approve the firm's term from the conclusion of the ensuing 20th AGM until the conclusion of the 25th AGM.

Key Dates and Logistics

Regulatory Compliance

The disclosure aligns with Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was published in Business Standard and Andhra Prabha on September 4, 2026. Electronic copies of the notice and Annual Report for FY25-26 were dispatched to members with registered email addresses on September 3, 2026.