Jeena Sikho Lifecare Limited has informed the Exchange regarding Change in Auditors of the company.
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Awaiting price reaction for this filing.
The board has accepted the resignation of KRA & Co. as statutory auditor effective August 14, 2025, and appointed Walker Chandiok & Co LLP (one of India's Big Four firms) to fill the casual vacancy until the next AGM, and for a five-year term subject to shareholder approval. KRA & Co. cited the company's recent migration to the BSE/NSE main board and investor suggestions to bring in a global audit firm as the reason for stepping down. Q1 FY26 standalone revenue rose to Rs 17,428.59 lakh (vs Rs 10,003.84 lakh YoY, ~74% growth) and profit after tax jumped to Rs 5,131.14 lakh (vs Rs 1,614.11 lakh YoY, ~218% growth), with EPS of Rs 4.13. The company also adopted Ind AS, completed a 1:5 stock split, and reported its first-ever consolidated results after incorporating subsidiary Jeena Green Resources Pvt Ltd.
Strong Q1 earnings should support the stock, and the upgrade to a Big Four auditor may boost investor confidence and credibility as a newly migrated main-board company. Mid-term auditor change is voluntary and tied to a planned upgrade rather than any governance red flag, though shareholders should watch for the detailed resignation letter noting earlier discussions on audit-related matters.