Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we inform the appointment of M/s Jain Akshay & Associates, Chartered Accountants as the Statutory Auditors of the Company
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GDL Leasing & Finance has appointed M/s Jain Akshay & Associates, Chartered Accountants (Firm Reg. No. 040168N) as its new Statutory Auditor with effect from 6 August 2025. The appointment is to fill the casual vacancy caused by the resignation of the previous auditor, M/s O. Aggarwal & Co. The new firm has over 8 years of experience in statutory audit, bank audit, tax audit, GST, and other finance-related services. The Board has also proposed their appointment for a full 5-year term, subject to shareholder approval at the upcoming Annual General Meeting.
This is a routine auditor change at the mid-term level. Shareholders should note that the previous auditor resigned, and the new auditor's appointment still needs their approval at the AGM. For most small-cap companies, such changes have limited price impact unless there are concerns about the previous auditor's exit.