SJ Corporation Board Approves Financial Results, Auditor Change, CEO Appointment
SJ Corporation Limited's Board of Directors convened on August 13, 2026, to approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The meeting also saw the resignation of statutory auditors SDBA & Co. due to term expiry and the appointment of M/s. Finava and Associates as new statutory auditors for a five-year term starting August 14, 2026. Additionally, the board approved the appointment of Mr. CA Krunal Pala as Internal Auditor for FY2026-27, Mr. Prashant Kalavadia as CEO, Mr. Umang Savani as Chairperson and Director, and Mr. Ronak Kalathiya and Mrs. Mayuri Savani as Additional Independent Directors. Reconstitution of various committees was also approved.
Key Highlights
- Unaudited Q1 FY27 financial results approved.
- Statutory auditors SDBA & Co. resigned; Finava and Associates appointed.
- Mr. Prashant Kalavadia appointed as new CEO.
- New Independent Directors and Chairperson appointed.
- Internal auditor and committee re-constitutions approved.
Price Impact
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