Gajanand International Limited Appoints New Statutory Auditor for Five-Year Term
Gajanand International Limited has announced the appointment of M/s. Rushabh R Shah & Co., Chartered Accountants, as its new Statutory Auditors. The decision was made by the Board of Directors during a meeting held on August 14, 2026, following a recommendation from the Audit Committee.The company's appointment of M/s. Rushabh R Shah & Co. is set for a term of five years. This period will begin from the conclusion of the 17th Annual General Meeting in the year 2026 and extend until the conclusion of the 22nd Annual General Meeting in 2031.
The appointment comes following the completion of the prescribed tenure of five consecutive years for M/s. H. B. Kalaria & Associates, who are currently the company's Statutory Auditors.
M/s. H. B. Kalaria & Associates will continue to serve as Statutory Auditors up to the conclusion of the 17th Annual General Meeting in the year 2026, after which they will retire from their tenure.
M/s. Rushabh R Shah & Co., Chartered Accountants (FRN: 156419W), is a firm engaged in providing professional services including statutory audit, taxation, accounting, and assurance to the company. There is no reported relationship between M/s. Rushabh R Shah & Co. and any of the Directors of Gajanand International Limited.
The transition details and roles of both auditing firms are summarized below:
| Particulars | Statutory Auditor (New) | Duration/Status |
|---|---|---|
| Firm Name | M/s. Rushabh R Shah & Co., Chartered Accountants | Newly appointed following the completion of the existing tenure. |
| Appointment Date | August 14, 2026 | Approved by the Board of Directors at its meeting held on this date. |
| Term of Appointment | Five years | Commencing from the conclusion of the 17th Annual General Meeting (2026) until the 22nd Annual General Meeting (2031). |
| Existing Auditor | M/s. H. B. Kalaria & Associates, Chartered Accountants | Shall continue till the conclusion of the 17th Annual General Meeting in 2026. |
Gajanand International Limited is formerly known as Gajanand Cottex Private Limited. The Board approved the appointment of M/s. Rushabh R Shah & Co., and its acceptance remains subject to approval by the Members at the ensuing 17th Annual General Meeting.
GAJANAND Stock Price Movement
Gajanand International Limited shares settled flat on the trading day at ₹8.05, reflecting no change in price. The equity closed having maintained this level throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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