Announced Sat, 2 May · 18:11 IST

We hereby submit summary of the proceedings of (01/2026-27) Extra-Ordinary General Meetings of the Company.

Board & Shareholder Meetings View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-3.5%1-day move
₹54.95
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AI summary

KJMC Financial Services Ltd, an NBFC, held an Extra-Ordinary General Meeting on May 02, 2026 via video conferencing. The meeting was chaired by Mr. Girish Jain, with 51 members present. The sole agenda item was the appointment of M/s. TLB & Co., Chartered Accountants as the new Statutory Auditor. This appointment was necessitated by the merger of the previous auditor M/s. V.P. Thacker & Co. with M/s. Lodha & Bhatt, forming M/s. TLB & Co. with effect from January 29, 2026. The appointment was based on the recommendation of the Audit Committee and Board approval. The resolution was passed as an Ordinary Resolution via e-voting. The meeting concluded at 4:05 PM IST.

Likely market impact

This is a routine change of statutory auditors due to an inter-firm merger and does not indicate any financial concerns. Shareholders should note the new audit firm for future financial statements. The appointment is valid until the 38th AGM in 2026.