07/27/2026 | Press release | Distributed by Public on 07/27/2026 12:29
Item 4.01. Changes in Registrant's Certifying Accountant.
Resignation of Independent Registered Public Accounting Firm
OnJuly 23, 2026, Stephano Slack LLC ("Stephano Slack") informed us of their resignation, effective July 2, 2026, from its role as independent registered public accounting firm for PetVivo Holdings, Inc. (the "Company").
Stephano Slack's reports on the Company's consolidated financial statements as of and for the fiscal years ended March 31, 2026 and March 31, 2025 did not contain an adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles.
During the fiscal years ended March 31, 2026 and March 31, 2025 and the subsequent interim period through July 23, 2026, (i) there were no disagreements within the meaning of Item 304(a)(1)(iv) of Regulation S-K, between the Company and Stephano Slack on any matter of accounting principles or practices.
During the fiscal year ended March 31, 2026 and the subsequent interim period through the date of dismissal, there was a reportable event (as defined in Item 304(a)(1)(v) of Regulation S-K). Specifically, Stephano's report on the Company's consolidated financial statements for the fiscal year ended March 31, 2026 contained an explanatory paragraph expressing substantial doubt about the Company's ability to continue as a going concern. Except for the foregoing, there were no reportable events (as defined in Item 304(a)(1)(v) of Regulation S-K).
The Company provided Stephano Slack with a copy of the above disclosures and requested that Stephano Slack furnish a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made herein. A copy of Stephano Slack's letter dated July 23, 2026 is filed as Exhibit 16.1 to this Current Report on Form 8-K.
Newly Engaged Independent Registered Public Accounting Firm
On July 23, 2026, upon approval by the Audit Committee, the Company engaged GuzmanGray, A Professional Accountancy Corporation ("GuzmanGray"), effective as of such date, as the Company's new independent registered public accounting firm for the fiscal year ending March 31, 2027 including interim review periods ending June 30, 2026, September 30, 2026 and December 31, 2026.
During the Company's fiscal years ended March 31, 2026 and March 31, 2025 and the subsequent interim period through July 23, 2026, neither the Company nor anyone on its behalf has consulted with GuzmanGray regarding (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company's financial statements, and neither a written report nor oral advice was provided to the Company that GuzmanGray concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing, or financial reporting issue, (ii) any matter that was the subject of a disagreement within the meaning of Item 304(a)(1)(iv) of Regulation S-K, or (iii) any reportable event within the meaning of Item 304(a)(1)(v) of Regulation S-K.