JITF Infralogistics Limited has informed the Exchange about General Updates
JITFINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
JITF Infralogistics Limited has informed exchanges about the Board of Directors of its material subsidiary JWIL Infra Limited proposing the appointment of M/S. S.S. Kothari Mehta & Co. LLP as Joint Statutory Auditors. The same firm is already the Statutory Auditor of the parent company. The appointment is subject to approval of JWIL shareholders at the ensuing Annual General Meeting for FY 2025-26. S.S. Kothari Mehta & Co. LLP is a renowned CA firm with over 50 years of multi-industry experience, ranked #7 in India for audit of NSE listed companies, with PAN India presence through 150+ Chartered Accountants.
The appointment aligns the statutory auditor of the material subsidiary with the parent company, potentially ensuring consistency in audit quality and governance standards. This is a routine corporate governance update and is unlikely to have immediate material impact on the stock price.