PNB Gilts Limited — Others, 17-04-2025: Change in Auditors

PNB Gilts Limited has announced a board meeting to discuss its statutory auditor's status. The Comptroller and Auditor General of India (C&AG) has cancelled a previous letter that questioned the reappointment of M/s. Batra Deepak & Associates as the statutory auditor for the financial year 2024-25, reaffirming that their appointment remains valid. This development clarifies the company’s auditor situation, reducing uncertainty for shareholders. Investors may view this positively, as it ensures continuity in financial oversight during this fiscal year.