Shree Rajiv Lochan Oil Extraction Appoints New Statutory Auditor

• Auditor transition: M/s Milind Nyati & Co. LLP resigned; Jain Bardia & Co. proposed as replacement.
• AGM schedule: 36th Annual General Meeting set for September 30, 2026, in Raipur, Chhattisgarh.

Reader Takeaway: The auditor change and AGM scheduling are standard corporate governance events; monitor AGM for formal ratification.

What just happened

Shree Rajiv Lochan Oil Extraction Ltd informed the BSE that it has appointed Jain Bardia & Co. as its new Statutory Auditor. This follows the resignation of the previous auditor, M/s Milind Nyati & Co. LLP, which became effective on August 26, 2026. The new appointment is for a term of five consecutive years, beginning from the conclusion of the 36th Annual General Meeting (AGM) until the conclusion of the 41st AGM, pending shareholder approval.

36th AGM and Board Approvals

The company has officially called its 36th AGM for the financial year ended March 31, 2026. The meeting is slated for September 30, 2026, at 11:00 a.m. at its registered office location in Raipur. During the meeting, the board will seek shareholder approval for the new auditor appointment and review the Directors' Report for the previous fiscal year. Samantrai Prashant & Co., Company Secretaries, has been appointed to act as the scrutinizer for the e-voting and polling procedures.

What to track next

Shareholders should pay attention to the upcoming AGM proceedings, specifically the formal adoption of the financial reports and the confirmation of the new auditing firm. These updates are procedural, representing standard regulatory compliance for the company.