Jash Engineering Limited Appoints Cost Auditor, Approves Re-appointment of Managing Director
Jash Engineering Limited announced key outcomes from its Board Meeting held on August 11, 2026, approving both a new Cost Auditor and the re-appointment of Mr. Pratik Patel as Managing Director. These decisions cover financial oversight and strategic leadership for the coming years.The company appointed M/s. M. P. Turakhia & Associates, Cost Accountants from Indore, to serve as its Cost Auditor for the Financial Year 2026-2027. The appointment was made following a resolution passed by the Board of Directors at the meeting.
M/s. M. P. Turakhia & Associates has extensive experience in cost accountancy and consulting. They have been practicing since 1998 and handle assignments across various sectors, including public sector, private sector, and government entities. Their service area includes Management Consultancy, Project Finance, Audit, Cost and Management Account, Material Management, and Import Export Excise & Customs services.
Details regarding the newly appointed auditor are presented below:
| Auditor Name | Reason for Change | Date of Appointment | Term of Appointment |
|---|---|---|---|
| M/s. M. P. Turakhia & Associates, Cost Accountants | Appointment | August 11, 2026 | Financial Year 2026-2027 |
In corporate governance news, the Board of Directors approved the re-appointment of Mr. Pratik Patel as Managing Director. This decision, based on the recommendation of the Nomination and Remuneration Committee, secures his tenure for five years. The re-appointment is effective from March 1, 2027, until February 29, 2032, subject to approval at the ensuing annual general meeting.
Mr. Pratik Patel possesses over 36 years of experience in the Engineering Industry and holds expertise in marketing, management, product development, and designing. As per company records, he is the nephew of Mr. Suresh Patel and cousin brother of Mr. Rahul Patel. The Board confirmed that he meets all eligibility criteria for re-appointment as a Managing Director under the Companies Act 2013.
The profile details for Mr. Pratik Patel are summarized in the table below:
| Detail | Information |
|---|---|
| Name | Mr. Pratik Patel |
| DIN | 00780920 |
| Reason | Re-appointment as Managing Director |
| Date of Re-appointment | March 1, 2027 |
| Term of Re-appointment | 5 consecutive years (March 1, 2027, to February 29, 2032) |
| Experience/Expertise | Over 36 years in Engineering Industry; expertise includes marketing, management, product development, and designing. |
JASH Stock Price Movement
Shares of Jash Engineering Limited today slipped by 1.48% to settle at ₹498.95. The stock recorded a traded volume of 220,261 shares in post-market trading.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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