JETFREIGHTNSEJet Freight Logistics LimitedMediumNeutral
Announced Thu, 28 Aug · 14:46 IST

Jet Freight Logistics Limited has informed the Exchange regarding Appointment of M/s. Ajay Shobha & Co. as Other of the company w.e.f. August 28, 2025.

Auditor Resigned MidtermManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Jet Freight Logistics Limited has appointed M/s. Ajay Shobha & Co., Chartered Accountants (FRN-317031E), as its new Statutory Auditor with effect from August 28, 2025. The appointment fills a casual vacancy caused by the resignation of the previous auditor, GMCS & Co. The new auditor will serve until the conclusion of the 19th Annual General Meeting, and the Board has also proposed appointing them for a full 5-year term (19th AGM to 24th AGM), subject to shareholder approval at the upcoming AGM. M/s. Ajay Shobha & Co. is a Kolkata-based firm established in 1986 with experience in statutory audits, bank audits, taxation, and corporate consultancy.

Likely market impact

This is a routine governance change with no direct impact on shareholders' investments. The mid-term auditor change may raise minor governance questions, but the new firm appears well-established. The long-term 5-year appointment, if approved, brings continuity in audit oversight.