JKTYRENSEJK Tyre & Industries Limited· TyresHighNeutral
Announced Tue, 20 May · 18:27 IST

JK Tyre & Industries Limited has informed the Exchange regarding Appointment of Mr. Mukesh Kumar Jha as Head- Internal Audit of the company w.e.f. May 20, 2025, who will form part of the Senior Management of the Company.

Management 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

JK Tyre's board, at its May 20, 2025 meeting, approved the re-appointment of Shri Anshuman Singhania as Managing Director for a fresh five-year term starting October 21, 2025, subject to shareholder approval. The board also appointed Shri Mukesh Kumar Jha, a Chartered Accountant with over 17 years of experience (14 years within JK Tyre's Internal Audit team), as Head of Internal Audit and part of Senior Management. M/s Lodha & Co LLP has been appointed as the new Statutory Auditor for five years (FY2025 to FY2030), replacing M/s S S Kothari Mehta & Co. LLP, which retires after completing its two permissible terms. Additionally, M/s Ronak Jhuthawat & Co. has been appointed as Secretarial Auditor for five years from FY2025-26 to FY2029-30. All appointments are subject to member approval at the upcoming AGM.

Likely market impact

This is largely a housekeeping announcement — continuity at the top with the promoter-family MD re-appointed, an internal promotion for the audit head, and a routine mandatory rotation of statutory auditors. No material red flags; shareholder vote at the AGM remains the key milestone.