StockWatch
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Iron & Steel Products
Auditor12 Oct 2026, 04:07 pm

Rishabh Digha Steel Appoints S.D. Jain & Co. as Statutory Auditors

AI Summary

Rishabh Digha Steel & Allied Products Ltd announced that its Board of Directors has approved the appointment of M/s. S.D. Jain & Company as the new Statutory Auditors. This appointment is to fill a casual vacancy caused by the resignation of M/s. Bilimoria Mehta & Co. The appointment is effective from October 12, 2026, and will continue until the conclusion of the upcoming Extra-Ordinary General Meeting (EGM). Shareholders will also vote at the EGM to approve the appointment of M/s. S.D. Jain & Company for a full term of five consecutive years, commencing from the conclusion of the EGM until the 40th AGM in 2031. An EGM is scheduled for November 5, 2026, to seek shareholder approval. M/s. Jaymin Modi & Co. has been appointed as the scrutinizer for the EGM.

Key Highlights

  • Board approves appointment of S.D. Jain & Company as Statutory Auditors.
  • New auditors fill casual vacancy due to resignation of previous firm.
  • Appointment effective October 12, 2026, pending shareholder approval.
  • Proposed five-year term until the 40th AGM in 2031.
  • Extra-Ordinary General Meeting scheduled for November 5, 2026.