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Zodiac-JRD-MKJ Ltd has appointed Mr. Girish L. Shethia, a Chartered Accountant, as its new Statutory Auditor for Financial Year 2025-26. The appointment, effective 20th November 2025, fills a casual vacancy caused by the resignation of the previous auditor, M/s. H. G. Sarvaiya & Co. The new auditor brings over 35 years of experience in statutory audit, taxation, IND AS compliance, and financial advisory for listed entities. The appointment is subject to shareholder approval at the next general meeting, and was made on the recommendation of the Audit Committee.
An auditor change mid-financial year is routine but worth monitoring — investors should watch for any further disclosures from H. G. Sarvaiya & Co. regarding reasons for resignation, as unexplained auditor exits can sometimes flag underlying concerns. The incoming auditor's strong listed-entity and IND AS experience should help ensure continuity in financial reporting.