Jhandewalas Foods Limited has announced the resignation of its statutory auditor, M/s. Jain Chowdhary & Co., Chartered Accountants. The resignation is effective from November 12, 2026, due to unavoidable personal circumstances of a partner within the audit firm. The company stated that it will take necessary steps to fill the resulting casual vacancy in compliance with applicable regulations.
Statutory Auditor Steps Down
Jhandewalas Foods Limited has formally notified the stock exchange regarding the resignation of its statutory auditor, M/s. Jain Chowdhary & Co., Chartered Accountants. This development, communicated on November 4, 2026, is effective from November 12, 2026.
Reasons for Resignation
The audit firm cited unavoidable personal circumstances, specifically health-related issues within the family of a partner, CA Yogendra Kumar Lokanda, as the reason for their resignation. These circumstances require the partner’s considerable time and attention, making it difficult for the firm to devote the necessary professional time and resources to fulfill its statutory audit responsibilities towards Jhandewalas Foods Limited with the required diligence.
Next Steps for the Company
Jhandewalas Foods Limited has assured that it will promptly initiate the process to fill the casual vacancy created by this resignation. This action will be undertaken in strict accordance with Section 139(8) of the Companies Act, 2013, and other relevant provisions, ensuring continued compliance and smooth financial oversight.
Source: BSE
