
SJ Corporation Board Approves Financials, Auditor Change, CEO Appointment
SJ Corporation Limited's board met on August 13, 2026, approving standalone and consolidated unaudited financial results for Q1 FY27. The board also accepted the resignation of current statutory auditors, SDBA & Co., due to term expiry, and appointed Finava and Associates as new statutory auditors for a five-year term starting August 14, 2026. Additionally, K R Pala & Associates was appointed as Internal Auditor for FY27. The company announced the appointment of Mr. Prashant Kanjibhai Kalavadia as CEO and Mr. Umang Kantilal Savani as Chairperson and Additional Director. Mr. Ronak Vallabhbhai Kalathiya and Mrs. Mayuri Priyankkumar Savani were appointed as Additional Non-Executive Independent Directors for five-year terms. Various committee re-constitutions were also approved.
Key Highlights
- Board approved Q1 FY27 unaudited financial results.
- New statutory auditors appointed for a five-year term.
- Mr. Prashant Kanjibhai Kalavadia appointed as CEO.
- Two new Additional Non-Executive Independent Directors appointed.
- Board approved reconstitution of various committees.
Price Impact
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