ACJK Exports incorporates Singapore subsidiary

3 min read Updated on 19 May 2026, 11:02 AM

Reviewed by

Jubin VScanX News Team

AI Summary

Amir Chand Jagdish Kumar (Exports) Limited has incorporated AEROPLANE FMCG PTE. LTD, a wholly owned subsidiary in Singapore, to deal in Rice and FMCG products. The company subscribed to 500 shares at a face value of USD 1 per share via cash consideration.

*this image is generated using AI for illustrative purposes only.

Amir Chand Jagdish Kumar (Exports) Limited has incorporated a wholly owned subsidiary, AEROPLANE FMCG PTE. LTD (AFPL), in Singapore. The intimation was submitted to the exchanges on May 15, 2026, pursuant to Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Subsidiary Details

The new entity, AFPL, was incorporated on May 15, 2026, and will operate within the Fast-Moving Consumer Goods (FMCG) industry. Its business operations will focus on dealing in Rice and FMCG products. The subsidiary is wholly owned by Amir Chand Jagdish Kumar (Exports) Limited.

Parameter	Details
Name of Subsidiary	AEROPLANE FMCG PTE. LTD
Date of Incorporation	May 15, 2026
Country of Incorporation	Singapore
Industry	Fast-Moving Consumer Goods (FMCG)
Products / Line of Business	Rice and FMCG products
Nature of Consideration	Cash
Cost of Subscription	500 shares at USD 1 per share (face value)
Shareholding by Listed Entity	100%

Strategic Context

The incorporation of AFPL is intended to strengthen the company's international business capabilities. No governmental or regulatory approvals were required for this incorporation.

How does the company plan to deploy the ₹4,111.14 million in unutilised IPO proceeds, and what timeline has management set for capital allocation?

Which specific Southeast Asian markets will AEROPLANE FMCG PTE. LTD target first, and how will Singapore serve as a strategic hub for the company's broader international expansion?

Given the Q4 EBITDA margin compression from 6.9% to 6.4% despite strong revenue growth, what operational measures is the company implementing to protect and improve margins going forward?

Read Next Article

Amir Chand Jagdish Kumar (Exports) Limited Re-appoints M/s. KARS & Co. as Internal Auditor for FY2026-27

1 min read Updated on 18 May 2026, 03:28 PM

Reviewed by

Shriram SScanX News Team

Add as a preferred
source on Google

AI Summary

Amir Chand Jagdish Kumar (Exports) Limited re-appointed M/s. KARS & Co., Chartered Accountants (FRN: 027745C) as Internal Auditor for FY2026-27 at a board meeting held on May 18, 2026. The re-appointment, valid for one year, was based on the audit committee's recommendation and disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015. M/s. KARS & Co., established in 2019, offers services across assurance, taxation, internal audit, and corporate financing, backed by a team of 20+ professionals. The Internal Auditor has no relationship with any of the company's directors.

*this image is generated using AI for illustrative purposes only.

Amir Chand Jagdish Kumar (Exports) Limited, an ISO 22000:2018 certified rice miller and exporter, has re-appointed M/s. KARS & Co., Chartered Accountants (FRN: 027745C) as its Internal Auditor for the financial year 2026-27. The decision was taken by the board of directors at their meeting held on May 18, 2026, based on the recommendation of the audit committee. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Re-appointment Details

The following table outlines the key details of the re-appointment as disclosed by the company:

Parameter:	Details
Reason for Change:	Re-appointment; no change in Internal Auditor
Date of Re-appointment:	May 18, 2026
Term of Re-appointment:	1 year (Financial Year 2026-27)
Firm Name:	M/s. KARS & Co., Chartered Accountants
Firm Registration Number:	027745C
Relationship with Directors:	Not applicable; not related to any director

Profile of M/s. KARS & Co.

M/s. KARS & Co. is a Chartered Accountant firm established in 2019, with a growing presence across Delhi NCR and North India. The firm is registered with the Institute of Chartered Accountants of India and the Reserve Bank of India, and is in the process of CAG registration. Its service offerings span multiple professional domains, including:

Assurance
Taxation
Corporate Financing
Internal Audit
IFSC Advisory
Process Drafting

The firm is supported by a team of 20+ young professionals delivering solutions to public and private sector organizations. Its partners bring 5+ years of experience from leading Big 20 accounting firms, with a track record of serving large multinational corporations.

Regulatory Compliance

The intimation was signed by Sadhna Khurana, Company Secretary and Compliance Officer (Mem. No. A24534), on behalf of Amir Chand Jagdish Kumar (Exports) Limited. The company confirmed that the Internal Auditor is not related to any of the directors of the company, satisfying the applicable disclosure requirements under the Listing Regulations.

How might the continuity of M/s. KARS & Co. as internal auditor impact Amir Chand Jagdish Kumar's compliance posture ahead of potential export market expansions in FY2026-27?

Given the ongoing India rice export policy fluctuations, what internal audit priorities should the company focus on to mitigate regulatory and supply chain risks?

As M/s. KARS & Co. pursues CAG registration, could this future credential open doors for the firm to take on statutory audit roles beyond internal auditing for listed companies?