Shipping Corporation Of India Land And Assets Limited has informed the Exchange regarding Change in Auditors of the company.
SCILAL · price
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Shipping Corporation of India Land and Assets Limited has announced the appointment of M/s. A.T. Jain & Co, a Mumbai-based chartered accountancy firm, as its statutory auditor for the financial year 2025-2026. The appointment was made by the Comptroller and Auditor General of India (C&AG) under Section 139 of the Companies Act, 2013, communicated via letter dated 12 September 2025 and received by the company on 22 September 2025. A.T. Jain & Co is a partnership firm established in 1983, with six partners and over 65 staff, offering audit, tax, and advisory services. As a government company, SCILAL's auditors are appointed by the CAG, making this a routine annual process rather than a mid-term change.
This is a routine, regulator-driven appointment with no governance concerns. Shareholders should view it as standard regulatory compliance with no material impact on the stock price or business outlook.