Jai Mata Glass Limited has issued a clarification regarding its Board Meeting outcome dated September 1, 2026. The company announced that the proposed appointment of M/s KTM & Company as Statutory Auditors, previously disclosed, will not proceed. Consequently, this proposal will not be presented to shareholders for approval. The existing Statutory Auditors, M/s Khiwani Sood & Associates, will continue their tenure under the current terms.
Auditor Appointment Withdrawal
Jai Mata Glass Limited has provided a crucial clarification concerning the outcome of its Board Meeting held on September 1, 2026. The company has specified that the earlier proposed appointment of M/s KTM & Company, Chartered Accountants, Mumbai (FRN-141449W), as its Statutory Auditors for a period of five years commencing FY 2026-27, will not be pursued.
Shareholder Approval Unnecessary
As a result of this decision, the matter of appointing M/s KTM & Company will not be placed before the shareholders for their approval at the upcoming Annual General Meeting. The disclosure relating to this proposed appointment is hereby considered withdrawn.
Existing Auditors to Continue
The company further confirmed that its current Statutory Auditors, M/s Khiwani Sood & Associates, will continue to hold their office. Their continuation will be in accordance with the existing terms of their appointment. All other aspects of the Board Meeting outcome from September 1, 2026, remain unchanged.
This clarification should be read in conjunction with the original outcome of the Board Meeting dated September 1, 2026.
Source: BSE
