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Clarification1 Sept 2026, 09:20 pm

Jai Mata Glass Ltd Withdraws Proposed Auditor Appointment

AI Summary

Jai Mata Glass Ltd has issued a clarification regarding its Board Meeting outcome dated September 1, 2026. The company will not proceed with the proposed appointment of M/s KTM & Company as Statutory Auditors for the period FY 2026-27 to FY 2030-31. This proposal will not be presented to shareholders for approval at the upcoming Annual General Meeting. Consequently, the previous disclosure about this appointment is considered withdrawn. The existing auditors, M/s Khiwani Sood & Associates, will continue their tenure. All other decisions from the September 1, 2026, Board Meeting remain unchanged.

Key Highlights

  • Proposed auditor appointment withdrawn by Jai Mata Glass Ltd.
  • M/s KTM & Company will not be appointed as statutory auditors.
  • Proposal will not be placed before shareholders for approval.
  • Existing auditors M/s Khiwani Sood & Associates to continue.
  • Other board meeting outcomes remain unchanged.