Jai Mata Glass Limited has issued a clarification regarding its Board Meeting outcome dated September 1, 2026. The company has decided not to proceed with the proposed appointment of M/s KTM & Company as its Statutory Auditors. This decision means the matter will not be placed before shareholders for approval at the upcoming Annual General Meeting. The existing auditors, M/s Khiwani Sood & Associates, will continue their tenure.
Clarification on Auditor Appointment
Jai Mata Glass Limited has provided an important clarification concerning the outcome of its Board Meeting held on September 1, 2026. The company has announced that it will not proceed with the previously proposed appointment of M/s KTM & Company, Chartered Accountants, Mumbai, as its Statutory Auditors. This proposed appointment was intended to cover a five-year period from FY 2026-27 to FY 2030-31.
Decision Reversal and Existing Auditors
Following this decision, the proposal to appoint M/s KTM & Company will not be presented to the shareholders for their approval at the forthcoming Annual General Meeting. Consequently, the prior disclosure regarding this potential appointment is now considered withdrawn. The company confirms that its current Statutory Auditors, M/s Khiwani Sood & Associates, will continue in their existing role under their current terms of appointment. All other aspects of the Board Meeting’s outcome from September 1, 2026, remain unchanged.
Source: BSE
