Jammu & Kashmir Bank has appointed four chartered accountancy firms as its statutory central auditors for the financial year 2026-27. The Comptroller and Auditor General of India made the appointments on September 18, 2026, replacing two outgoing audit firms.

The bank disclosed the change pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The new appointments cover the entire fiscal year ending March 2027.

New Appointments

The C&AG appointed the following firms to conduct the statutory central audit:

• M/s Vinay Naveen & Co, Chartered Accountants
• M/s B C Jain & Co, Chartered Accountants
• M/s Dhar Tiku & Co, Chartered Accountants
• M/s Gupta Sharma & Associates, Chartered Accountants

All four firms were appointed on September 18, 2026. The bank provided detailed profiles of each firm, highlighting their experience in banking audits and regulatory empanelments.

Outgoing Auditors

M/s J CR & Co, Chartered Accountants and M/s Gupta Gupta & Associates, LLP have ceased to be the statutory central auditors of the bank. Their tenure ended on September 18, 2026.

Firm Profiles

Vinay Naveen & Co is a partnership firm established in 1982 with offices across multiple states including Uttar Pradesh, Delhi, and Maharashtra. The firm holds RBI Unique Code No. 333827 and C&AG Empanelment No. CR 2880. It has experience auditing public sector banks and PSUs.

B C Jain & Co, established in 1962, is a partnership firm headquartered in Kanpur. It holds ICAI Firm Registration No. 001099C and is empanelled by the RBI under Category-1 (Empanelment No. 330938) and C&AG under CR0016. The firm has offices in Mumbai, New Delhi, Lucknow, and Anantnag.

Dhar Tiku & Co, established in 1981, is based in Srinagar with branch offices in Delhi and Bihar. The firm has previously served as statutory central auditor for Jammu & Kashmir Bank during multiple periods, including 2024-2025 and 2025-2026.

Gupta Sharma & Associates, established in 1979, is a partnership firm headquartered in Jammu with a branch in Ludhiana. It holds ICAI Registration No. 001466N and RBI Unique Code No. 280170 (Category I). The firm has extensive experience auditing scheduled commercial banks.

Jammu & Kashmir Bank issued an addendum dated September 14, 2026, to the notice of its 88th Annual General Meeting. The bank added two agenda items regarding board composition changes, including a nomination under Section 160 of the Companies Act, 2013.

The meeting is scheduled for September 22, 2026, at the Sher-i-Kashmir International Conference Centre in Srinagar. Shareholders will vote on the appointment of a new director and the non-reappointment of an outgoing member. The addendum was published in newspapers including Rising Kashmir, State Times, The Hindu, and Aftab.

Board Composition Changes

The addendum introduces two key resolutions for shareholder approval:

• Appointment of New Director: The bank proposes appointing Mr. Tsewang Tharchin, IA&AS, as a Non-Executive Non-Independent Director liable to retire by rotation. He currently serves as Commissioner and Secretary of the Finance Department in the Union Territory of Ladakh. The nomination follows a notice lodged pursuant to Section 160 of the Companies Act, 2013 read with Article 78 of the Articles of Association.
• Retirement of Outgoing Director: Mr. R. K. Chhibber retires by rotation. The bank has not proposed his reappointment, and the resulting vacancy will not be filled at this meeting.

Mr. Tharchin was appointed as an Additional Director on August 31, 2026, following due diligence by the Nomination and Remuneration Committee. As a full-time government employee, he will not receive sitting fees or remuneration from the bank.

Profile of Incoming Director

Mr. Tharchin brings extensive experience in audit, finance, and administration. Key details include:

He previously served as Accountant General (Audit) in Jammu and Kashmir and held roles at the National Company Law Tribunal and the Comptroller and Auditor General of India. His international experience includes audits for the United Nations and the World Intellectual Property Organization.

Voting Process

Members can exercise their voting rights through remote e-voting. The voting period begins on September 19, 2026, at 9:00 am and ends on September 21, 2026, at 5:00 pm. The facility is provided by Bigshare Services Private Limited.

The bank stated that no other modifications were made to the original AGM notice dated August 29, 2026. All other agenda items remain unchanged. The addendum is available on the bank’s website and those of the stock exchanges and registrar.