Appointment of M/s Shubham D Jain & Co., as the statutory auditor of the company in casual vacancy for the financial year 2025-26.
Awaiting price reaction for this filing.
The Board of Adjia Technologies has appointed M/s Shubham D Jain & Co., Chartered Accountants (Indore), with Firm Registration No. 034807C, as the new Statutory Auditor of the company on March 30, 2026. The appointment is to fill a casual vacancy for FY 2025-26 and will remain valid until the next Annual General Meeting, pending shareholder approval. The new auditor is a proprietorship firm specialising in IPO advisory, statutory and stock audits, financial due diligence, and company law matters. The announcement references a prior resignation, with detailed reasons enclosed in Annexure A, indicating the previous auditor stepped down before completing the term.
The change in auditor mid-year is a governance signal and may raise short-term concern among investors. However, shareholder approval is still required, and the new firm appears adequately qualified for the role.