StockWatch
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Packaged Foods
Auditor5 Nov 2026, 05:04 pm

Jhandewalas Foods Auditor Resigns Due to Personal Health Issues

AI Summary

Jhandewalas Foods Limited announced that its statutory auditor, M/s Jain Chowdhary & Co., has resigned from its position effective November 12, 2026. The resignation is attributed to unavoidable personal circumstances, specifically health-related issues within the family of the concerned partner, CA Yogendra Kumar Lokanda, requiring his significant attention. Consequently, the audit firm expressed its inability to dedicate the necessary professional time and resources to fulfill its statutory audit responsibilities. The company will initiate the process to fill the resulting casual vacancy in accordance with the Companies Act, 2013. The outgoing auditor confirmed they will issue the Limited Review Report for the half-year ended September 30, 2026, prior to their resignation date and that there are no other material reasons for their departure.

Key Highlights

  • Statutory auditor M/s Jain Chowdhary & Co. has resigned.
  • Resignation effective November 12, 2026, due to personal health reasons.
  • Company to fill the casual vacancy as per Companies Act.
  • Auditor to complete the Limited Review Report before resignation.