JAYSREETEANSEJayshree Tea & Industries Limited· Tea And CoffeeLowNeutral
Announced Mon, 19 May · 20:07 IST

Jayshree Tea & Industries Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

JAYSREETEA · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Jayshree Tea & Industries has approved the appointment of M/s. MR & Associates, Practicing Company Secretaries, as the new Secretarial Auditors of the company for a five-year term covering FY 2025-26 to FY 2029-30. The appointment is based on the recommendation of the Audit Committee and is subject to shareholder approval at the upcoming Annual General Meeting. MR & Associates is a peer-reviewed firm established in 1996 with nearly three decades of experience in corporate law, SEBI regulations, mergers, and insolvency matters. This is a routine regulatory appointment and not related to any concerns with existing auditors.

Likely market impact

This is a standard compliance-driven appointment of Secretarial Auditors (who check adherence to corporate law and SEBI regulations, distinct from financial auditors). Shareholders should expect to vote on this at the next AGM. No material impact on stock price or operations is expected.