JETFREIGHTNSEJet Freight Logistics LimitedMediumNeutral
Announced Thu, 28 Aug · 14:47 IST

Jet Freight Logistics Limited has informed the Exchange regarding Change in Auditors of the company.

Auditor Resigned MidtermManagement Changes View source PDF

JETFREIGHT · price

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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. M/s. Ajay Shobha & Co., a firm established in 1986, brings over three decades of experience in statutory audits, taxation, and corporate consultancy. The Board has also recommended their appointment for a full five-year term from the 19th AGM to the 24th AGM, subject to shareholder approval.

Likely market impact

The change in auditor mid-term may raise minor governance questions for shareholders, but the appointment of an experienced firm is routine and unlikely to materially impact the stock. Investors should watch for any further disclosures regarding the reasons behind the previous auditor's resignation.