Jay Jalaram Technologies Informs Stock Exchange of Statutory Auditor Name Change Following Firm Conversion to LLP

1 min read     Updated on 09 May 2026, 12:49 PM
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Jay Jalaram Technologies Limited disclosed on 08 May 2026 that its statutory auditors, V C A N & CO (FRN: 125172W), have been converted into a Limited Liability Partnership effective 24 March 2026 and renamed V C A N & CO LLP (FRN: 125172W/W101232). The company confirmed that this conversion does not alter the existing audit engagement and does not constitute a resignation or fresh appointment of auditors. V C A N & CO LLP will continue as statutory auditors for the remainder of the existing tenure. The disclosure was made under Regulation 30 of the SEBI (LODR) Regulations, 2015.

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Jay Jalaram Technologies Limited has informed the National Stock Exchange of India of a change in the name of its statutory auditors, following the conversion of the audit firm from a partnership to a Limited Liability Partnership. The disclosure was made on 08 May 2026 under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Conversion Details

The statutory auditors of the company, V C A N & CO, a firm of Chartered Accountants, have been converted from a Partnership Firm into a Limited Liability Partnership (LLP) with effect from 24 March 2026, under the provisions of the Limited Liability Partnership Act, 2008. The firm is now known as V C A N & CO LLP. The key details of this conversion are summarised below:

Parameter: Details
Previous Firm Name: V C A N & CO
New Firm Name: V C A N & CO LLP
Previous FRN: 125172W
New FRN: 125172W/W101232
Effective Date of Conversion: 24 March 2026
Conversion Framework: Limited Liability Partnership Act, 2008
Disclosure Regulation: Regulation 30, SEBI (LODR) Regulations, 2015

No Change to Existing Audit Engagement

Jay Jalaram Technologies has confirmed that the conversion of the firm does not result in any change to the existing audit engagement. The company has further clarified that this development does not constitute a resignation or a new appointment of an auditor. V C A N & CO LLP will continue to function and discharge its obligations as the statutory auditors for the remaining period of the tenure of appointment.

The intimation was signed by Mukesh Prajapat, Company Secretary and Compliance Officer of Jay Jalaram Technologies Limited, and submitted to the Listing Compliance Department of the National Stock Exchange of India on 08 May 2026.

Historical Stock Returns for Jay Jalaram Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+2.09%+2.09%+2.09%+39.94%-11.11%+144.27%

How might the conversion of V C A N & CO to an LLP structure affect its audit quality, liability framework, and ability to attract talent for future engagements with listed companies like Jay Jalaram Technologies?

Could the structural change in the audit firm trigger any additional scrutiny from SEBI or stock exchanges regarding the continuity and independence of the audit engagement going forward?

What is the current tenure expiry date of V C A N & CO LLP's appointment as statutory auditor for Jay Jalaram Technologies, and what criteria will the company use to evaluate its reappointment?

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Jay Jalaram Technologies Promoters Confirm No Encumbrance on Shares for FY26 Under SEBI Takeover Regulations

1 min read     Updated on 07 May 2026, 10:00 AM
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Jay Jalaram Technologies Limited filed a regulatory disclosure on 3rd April, 2026, under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirming no encumbrance on the promoter and promoter group's collective holding of 83,90,250 equity shares as on 31st March, 2026. The declaration was made by promoter Kamlesh Varjivandas Thakkar on behalf of all promoter group members, and the filing was submitted by Company Secretary Mukesh Prajapat.

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Jay Jalaram Technologies Limited has submitted a regulatory disclosure to the National Stock Exchange of India Limited, confirming that none of its Promoters and Promoter Group Shareholders have created any encumbrance on their shareholding, directly or indirectly, during the financial year ended 31st March, 2026. The disclosure was filed pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and was submitted on 3rd April, 2026.

Regulatory Disclosure and Declaration

The declaration was made by Kamlesh Varjivandas Thakkar, Promoter of Jay Jalaram Technologies Limited, for himself and on behalf of all members of the Promoters and Promoter Group Shareholders of the Company. In the disclosure, Kamlesh Varjivandas Thakkar confirmed that the promoter and promoter group collectively hold 83,90,250 equity shares of the Company as on 31st March, 2026, and that no encumbrance of any nature has been made on these shares during the financial year ended 31st March, 2026. The disclosure was addressed to the Listing Compliance Department of the National Stock Exchange of India Limited and was also marked to the Chairman of the Audit Committee of Jay Jalaram Technologies Limited.

Promoter and Promoter Group Shareholding Details

The following table, as provided in Annexure – A of the disclosure, details the individual shareholding of each member of the Promoters and Promoter Group as on 31st March, 2026:

Sl. No.: Name Category No. of Equity Shares Held
1. Kamlesh Varjivandas Thakkar Promoter Shareholder 31,94,250
2. Kamlesh Lalwani Promoter Shareholder 32,04,497
3. Mukeshkumar Navnitray Bhatt Promoter Shareholder 9,95,750
4. Vipul Thakkar Promoter Group Shareholder 9,95,750
5. Ramesh Hariram Lalwani Promoter Group Shareholder 1
6. Rupin Bharatkumar Divecha Promoter Group Shareholder 1
7. Bhatt Krushnakant N. Promoter Group Shareholder 1
TOTAL 83,90,250

Compliance and Submission

The disclosure was filed by Mukesh Prajapat, Company Secretary & Compliance Officer of Jay Jalaram Technologies Limited. The filing reaffirms the Company's adherence to the disclosure obligations prescribed under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, specifically the requirement for promoters to annually confirm the encumbrance status of their shareholding at the close of each financial year.

Historical Stock Returns for Jay Jalaram Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+2.09%+2.09%+2.09%+39.94%-11.11%+144.27%

How might Jay Jalaram Technologies' clean promoter shareholding record influence institutional investor interest or potential strategic partnerships in the upcoming financial year?

Given the concentrated promoter holding of approximately 83.9 lakh shares, what are the implications for the company's free float liquidity and its attractiveness to retail investors on the NSE?

Could the consistent absence of share encumbrances by promoters signal potential plans for equity dilution, fundraising, or acquisitions in FY2026-27?

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1 Year Returns:-11.11%