JET FREIGHT LOGISTICS LIMITED has informed the Exchange about Resignation of Statutory Auditor
JETFREIGHT · price
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GMCS & Co., Chartered Accountants, has resigned as the Statutory Auditor of Jet Freight Logistics Limited with immediate effect from August 13, 2025. The firm was originally appointed on May 29, 2024, for a full five-year term ending March 31, 2029, meaning this is a midterm exit well before the term's natural end. The stated reason is pre-occupation with existing professional commitments and other unavoidable engagements, with no mention of any disagreement with management or governance concerns. The firm will file the prescribed Form ADT-3 with the Registrar of Companies detailing the reasons, as required under the Companies Act, 2013 and SEBI LODR Regulations.
The company will need to appoint a new statutory auditor soon to ensure there is no gap in audit coverage for the financial year 2025-26. While the cited reason is routine, sudden auditor changes can sometimes raise short-term governance questions among retail investors, even if no red flags are explicitly stated here.