Appointment of Internal Auditor of the Company
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Jaysynth Orgochem Ltd's Board of Directors appointed Mr. Ajay P. Mehta (proprietor of M/s. A. P. Mehta & Co., Chartered Accountants) as Internal Auditor for the last quarter of FY 2025-26. This appointment fills a casual vacancy created by the sudden demise of Shri. Maganlal J. Thacker, Partner of M/s. Maganlal & Ajay Mehta, Chartered Accountants, who was the previous Internal Auditor. The Board meeting was held on 14th April 2026 and concluded at 12:45 PM. Mr. Mehta brings over four decades of experience in audit, tax consultancy, and internal controls from his firm established in 1982.
The appointment replaces the Internal Auditor position following the death of the previous auditor, ensuring continuity of internal audit functions for the remaining quarter. This is a routine replacement and unlikely to have direct impact on the stock price.