Price Waterhouse Chartered Accountants LLP Resigns as Statutory Auditor of Arisinfra Solutions Effective May 14, 2026

2 min read     Updated on 15 May 2026, 09:09 PM
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Arisinfra Solutions Limited disclosed that M/s. Price Waterhouse Chartered Accountants LLP (Firm Registration No: 012754N/N500016) resigned as its statutory auditor effective May 14, 2026, following a fee disagreement. The firm, appointed at the AGM on September 30, 2023 for five financial years (2023-24 to 2027-28), had requested a fee increase for the FY2026-27 audit, but the company sought a significant reduction compared to fees paid for FY2025-26. Prior to resigning, the firm issued all required audit reports dated May 08, 2026, covering standalone and consolidated financial statements for the year ended March 31, 2026.

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Arisinfra Solutions Limited has informed the stock exchanges that M/s. Price Waterhouse Chartered Accountants LLP (Firm Registration No: 012754N/N500016) has resigned as the statutory auditor of the company with effect from May 14, 2026. The intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was communicated by Latesh Shailesh Shah, Company Secretary and Compliance Officer (ICSI Membership Number F12559), from Mumbai.

Resignation Details

The key details of the auditor's resignation, as disclosed under Annexure A filed with the stock exchanges, are summarised below:

Parameter: Details
Name of Listed Entity: Arisinfra Solutions Limited
Name of Auditor: M/s. Price Waterhouse Chartered Accountants LLP
Firm Registration Number: 012754N/N500016
Date of Original Appointment: September 30, 2023 (Annual General Meeting)
Tenure Appointed For: Five consecutive financial years (2023-24 to 2027-28)
Scheduled Term Expiry: Conclusion of AGM for financial year 2027-28
Effective Date of Resignation: May 14, 2026
Latest Audit Report Submitted: May 08, 2026 (standalone and consolidated financial statements for year ended March 31, 2026)

Background and Reason for Resignation

According to the resignation letter submitted by Price Waterhouse Chartered Accountants LLP, the firm had been appointed as statutory auditor at the annual general meeting held on September 30, 2023, for a period of five financial years from 2023-24 to 2027-28. The firm had, via an email dated May 11, 2026, requested an increase in audit fees considering the estimated effort required to carry out the audit of financial statements for the year ended March 31, 2027. However, as per the company's response dated May 12, 2026, Arisinfra Solutions requested a significant reduction in fees compared to what was paid for the statutory audit of financial statements for the year ended March 31, 2026.

Following this fee disagreement, Price Waterhouse Chartered Accountants LLP reassessed its ability to continue as auditor in terms of the Standards on Auditing and Standards on Quality Control issued by the Institute of Chartered Accountants of India. The firm concluded that, considering its estimate of time and effort involved, it would not be able to undertake the audit at the reduced fee. Accordingly, after discussions with those charged with governance, the firm tendered its resignation with immediate effect.

Audit Reports Issued Prior to Resignation

Prior to its resignation, Price Waterhouse Chartered Accountants LLP confirmed that it had fulfilled its obligations for the concluded financial year. The firm issued the following reports before tendering its resignation:

  • Audit report dated May 08, 2026 on the standalone financial statements for the year ended March 31, 2026
  • Audit report dated May 08, 2026 on the consolidated financial statements for the year ended March 31, 2026
  • Audit report dated May 08, 2026 on annual standalone financial results for the year ended March 31, 2026
  • Audit report dated May 08, 2026 on annual consolidated financial results for the year ended March 31, 2026

Regulatory Compliance

The resignation disclosure was made in accordance with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Price Waterhouse Chartered Accountants LLP confirmed in its declaration that the information provided in the resignation letter and its attachments is correct and complete, and that there is no other material reason beyond those stated for the resignation. The resignation letter was signed by Pankaj Khandelia, Partner (Membership No. 102022), on behalf of Price Waterhouse Chartered Accountants LLP, from Mumbai.

Historical Stock Returns for Arisinfra Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-4.58%-5.23%+21.11%-10.47%-20.91%-20.91%

How quickly can Arisinfra Solutions appoint a replacement auditor of comparable stature, and what impact could the auditor vacancy have on its upcoming financial reporting timelines?

Does the company's push for reduced audit fees signal broader cost-cutting pressures or cash flow concerns that investors should monitor in future quarters?

How might the departure of a Big Four auditor like Price Waterhouse affect Arisinfra Solutions' credibility with institutional investors and lenders in the near term?

Arisinfra Solutions Management to Participate in Centrum Nakshatra Conference on May 20, 2026

1 min read     Updated on 15 May 2026, 06:45 AM
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Arisinfra Solutions has informed stock exchanges of its management's participation in the Centrum Nakshatra conference on May 20, 2026, at 5 p.m. onwards in virtual mode. The disclosure was made on May 14, 2026, under Regulation 30 of the SEBI Listing Regulations. The company confirmed that all investor and analyst discussions will be based on publicly available information only, with no Unpublished Price Sensitive Information involved. The schedule remains subject to change based on exigencies from the company or participants.

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Arisinfra Solutions has notified the stock exchanges of its management's scheduled participation in the Centrum Nakshatra conference on Wednesday, May 20, 2026. The intimation was filed on May 14, 2026, in compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Conference Details

The company's management will engage with investors and analysts at the Centrum Nakshatra conference in a virtual format. The key details of the scheduled participation are outlined below:

Parameter: Details
Conference Name: Centrum Nakshatra Conference
Date: May 20, 2026
Time: 5 p.m. onwards
Mode: Virtual

Disclosure and Compliance

The company has clarified that discussions with investors and analysts during the conference will be based exclusively on publicly available information and will not involve any Unpublished Price Sensitive Information. In accordance with Regulation 46(2) of the Listing Regulations, the intimation has also been made available on the company's investor relations page at https://aris.in/pages/investor-relations-disclosures .

The company has noted that the above schedule is subject to change due to exigencies on the part of the company and/or the investor(s)/analyst(s). The filing was signed by Latesh Shailesh Shah, Company Secretary & Compliance Officer (ICSI Membership Number F12559), from Mumbai.

Historical Stock Returns for Arisinfra Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-4.58%-5.23%+21.11%-10.47%-20.91%-20.91%

What key business updates or strategic initiatives is Arisinfra Solutions' management likely to highlight at the Centrum Nakshatra conference given current infrastructure sector trends?

How has Arisinfra Solutions' stock performance trended ahead of this investor conference, and could increased analyst visibility drive a re-rating of the stock?

Are there any upcoming capital raising plans, order wins, or expansion announcements that investors should watch for following management's engagement at the conference?

More News on Arisinfra Solutions

1 Year Returns:-20.91%