Intimation of Appointment of M/s. B.K. Patel & Co., Chartered Accountants, as a Statutory Auditors of the Company in the Board Meeting held on August 28, 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jhaveri Credits & Capital Ltd's previous statutory auditor, KDN & Associates LLP, resigned and the resignation was intimated to the stock exchange on August 21, 2025. At a board meeting on August 28, 2025, the company approved the appointment of M/s. B.K. Patel & Co., Chartered Accountants (FRN: 112647W) to fill the resulting casual vacancy, with the new firm holding office until the conclusion of the 31st Annual General Meeting on September 23, 2025. The board has also recommended B.K. Patel & Co. for a full 5-year term as statutory auditor, from the 31st AGM to the 36th AGM, subject to shareholder approval. B.K. Patel & Co. is an Ahmedabad-based firm established in 1980 with over 45 years of experience in audit, taxation, and corporate law.
This is a midterm auditor change, which investors may want to monitor for governance reasons. However, the replacement firm is well-established with a long track record, and the appointment is subject to shareholder vote at the upcoming AGM on September 23, 2025.