Yaashvi Jewellers Limited has appointed M/s AKSA and Company as its new statutory auditor following the resignation of M/s ARS and Company, who completed their maximum 10-year term. The transition is a routine compliance measure under the Companies Act. The company also announced its 10th Annual General Meeting, scheduled for September 30, 2026.
Yaashvi Jewellers Announces Statutory Auditor Transition
Resignation of M/s ARS and Company effective September 02, 2026; Appointment of M/s AKSA and Company as successor.
Reader Takeaway: Routine auditor rotation driven by statutory term limits ensures compliance without signaling governance concerns for shareholders.
What just happened
Yaashvi Jewellers Limited has transitioned its statutory auditor as the incumbent firm, M/s ARS and Company, reached the mandatory 10-year service limit prescribed under Section 139 of the Companies Act, 2013. The company’s Board of Directors formally noted the resignation on September 02, 2026.
Why this matters
Auditor rotation is a regulatory requirement aimed at maintaining independence and oversight quality. The appointment of M/s AKSA and Company is currently to fill a casual vacancy and remains subject to final shareholder approval at the upcoming Annual General Meeting.
Corporate Developments
Beyond the audit change, the company finalized its administrative schedule for the year end:
- The Board Report for the financial year ended March 31, 2026, has been approved.
- The 10th Annual General Meeting is officially convened for Wednesday, September 30, 2026.
Auditor Profile
The incoming firm, M/s AKSA and Company (FRN 024925C), has been in operation since 2014. The firm provides a range of services, including audit, taxation, and financial planning, and carries 11 years of professional experience in the domain.
What to track next
Investors should look for the formal confirmation of the new auditor’s appointment by shareholders during the AGM on September 30, 2026.