Jio Finance announced key leadership and audit-related decisions following its Third Annual General Meeting on August 26, 2026. Shri Hitesh Kumar Sethia has been re-appointed as Managing Director and Chief Executive Officer for a period of 5 years, effective November 15, 2026. Additionally, PKF Sridhar & Santhanam LLP has been appointed as Joint Statutory Auditors for a 3-year term, succeeding Lodha & Co LLP.
Key Leadership and Audit Appointments
At the Third Annual General Meeting (Post Listing) held on August 26, 2026, Jio Finance members approved significant appointments. Shri Hitesh Kumar Sethia (DIN: 09250710) has been re-appointed as the company’s Managing Director and Chief Executive Officer. This reappointment is for a term of 5 years, commencing from the expiry of his current term on November 15, 2026.
New Joint Statutory Auditors Appointed
The members also approved the appointment of PKF Sridhar & Santhanam LLP, Chartered Accountants (Firm Registration No. 003990S / S200018), as Joint Statutory Auditors. This appointment is for a continuous period of 3 years, starting from the conclusion of the Third Annual General Meeting held on August 26, 2026, and will extend until the conclusion of the Annual General Meeting in 2029. They will serve alongside the existing Statutory Auditors, Deloitte Haskins & Sells, Chartered Accountants.
The previous Joint Statutory Auditors, Lodha & Co LLP, were appointed on July 12, 2023, for a three-year term and concluded their tenure at the conclusion of the August 26, 2026 meeting.
A brief profile of PKF Sridhar & Santhanam LLP, an ICAI AQMM Level 4 firm established in 1978 with over four decades of experience in audit, assurance, taxation, and consulting services across various sectors, was provided. The firm has notable expertise in the statutory audits of NBFCs, banks, and financial institutions.
The meeting commenced at 2:00 p.m. (IST) and concluded at 3:27 p.m. (IST).
Source: BSE
