Jinkushal Industries Ltd to Hold 19th AGM on August 12, Approving Auditor and Director Changes
Jinkushal Industries Limited, formerly known as Jinkushal Industries Private Limited, has scheduled its 19th Annual General Meeting (AGM) for Wednesday, August 12, 2026. The meeting is set to take place at Vimtara Shanti Nagar, Indravati Colony in Raipur, Chhattisgarh, and will address several key corporate governance matters, including the adoption of financial statements, director re-appointment, and critical changes in advisory roles.The AGM agenda focuses on both Ordinary and Special Business items, aiming to ensure the continuity and proper oversight of the company's operations.
Corporate Governance and Financial Review
Among the ordinary business presented is the need to receive, consider, and adopt the Standalone and Consolidated Audited Balance Sheet for the year ended March 31, 2026, along with the corresponding Profit and Loss account, the Director’s Report, and the Auditor’s Report. Members are also called upon to approve the re-appointment of Mr. Anil Kumar Jain (DIN: 00679518), who retires by rotation at the meeting and is eligible for reappointment.Key Appointments and Management Changes
The special business items set for approval cover significant appointments within the company's governance structure, particularly concerning internal audit and executive designations.Key resolutions requiring member approval include:
- Secretarial Auditor Appointment: The members are asked to approve the appointment of M/s Abhishek Jain & Associates, a practicing Company Secretary (COP: 14857), as the Secretarial Auditors of Jinkushal Industries Limited. This role is designated for a period of five consecutive financial years, commencing from FY 2026-27 until 2030-31.
- Director Designation Change: The meeting will also review and approve the change in designation for Mr. Abhinav Jain (DIN: 07811559). The proposed resolution concerns his redesignation from Whole Time Director to Managing Director of the Company, effective from May 16, 2026, for a period of five years.
The Board of Directors had previously approved Mr. Abhinav Jain’s redesignation as Managing Director, with terms and remuneration subject to member approval.
| Governance Matter | Proposed Action/Appointment | Details |
|---|---|---|
| Financial Review | Adoption of Financial Statements | Standalone and Consolidated Audited Balance Sheet and Profit and Loss Account for FY ended March 31, 2026. |
| Director Reappointment | Mr. Anil Kumar Jain (DIN: 00679518) | To be re-appointed as Director following retirement by rotation. |
| Special Appointment | M/s Abhishek Jain & Associates | Appointment as Secretarial Auditors for five consecutive years (2026-27 to 2030-31). |
| Executive Designation | Mr. Abhinav Jain (DIN: 07811559) | Approval of redesignation from Whole Time Director to Managing Director, effective May 16, 2026. |
JKIPL Stock Price Movement
Jinkushal Industries Limited shares gained 1.21% on Friday, closing at ₹95.26 after climbing by ₹1.16 during the trading session. The stock saw a traded volume of 2,642 shares in the previous day's activity.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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