Appointment of Secretarial Auditor
Awaiting price reaction for this filing.
JBF Industries Ltd, which is currently under Corporate Insolvency Resolution Process (CIRP), has had its Resolution Professional approve the appointment of M/s Elias L. Rodrigues & Co. as the Secretarial Auditor for a 5-year term from 1st April 2025 to 31st March 2030. The appointment has been recommended for shareholder approval. Elias L. Rodrigues & Co. is a firm of Practising Company Secretaries established in 2018, led by a fellow member of ICSI, and holds a valid Peer Review Certificate. This is a routine regulatory appointment required under listing norms and does not indicate any change in the company's insolvency status.
This is a standard compliance appointment and carries no direct impact on shareholder value or stock price. The appointment supports continued regulatory compliance during the ongoing insolvency proceedings.