Jindal Leasefin appoints Sukhadiya as independent director
- Asha Hardikkumar Sukhadiya appointed as independent director for five years
- Sachin Kharkia ceases role after completing second and final term
- M/s. Parveen Rastogi & Co. named as secretarial auditor for FY27
- Suresh Chand Khandelwal appointed as internal auditor for FY27
*this image is generated using AI for illustrative purposes only.
Jindal Leasefin Limited has appointed Chartered Accountant Asha Hardikkumar Sukhadiya as a non-executive independent director for a term of five years. The appointment takes effect from August 29, 2026, subject to shareholder approval at the ensuing general meeting.
The board made the appointment following the cessation of Sachin Kharkia, who completed his second and final term as an independent director on August 28, 2026. Kharkia ceased to be a member of the board and its respective committees with effect from the close of business hours on that date.
Ms. Sukhadiya brings over a decade of experience in direct taxation, statutory audit, and financial compliance. Her expertise includes direct tax litigation, withholding tax compliance, and the application of FEMA and anti-money laundering provisions. She holds no other directorships in listed entities.
The company confirmed that Ms. Sukhadiya has no inter-se relationship with other directors or key managerial personnel. The disclosures were made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Auditor Appointments for FY27
In related developments during its board meeting on August 28, 2026, Jindal Leasefin also appointed new auditors for the financial year 2026-27.
The company appointed M/s. Parveen Rastogi & Co., Company Secretaries (CP No. 26582), as its Secretarial Auditors. The firm is registered with the Institute of Company Secretaries of India and provides professional services in corporate laws, FEMA, commercial laws, contract laws, and labour laws. It is peer-reviewed in terms of ICSI guidelines.
Additionally, Mr. Suresh Chand Khandelwal was appointed as the Internal Auditor for FY27. He is a B.Com graduate and has been associated with the Jindal Group since 1986.
Historical Stock Returns for Jindal Leasefin
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.06% | -1.17% | -23.06% | 0.0% | +110.81% | +564.38% |
How might Asha Sukhadiya's specialized expertise in FEMA and anti-money laundering compliance influence Jindal Leasefin's risk management strategies in an increasingly regulated financial environment?
What impact could the appointment of a new independent director with no other listed entity directorships have on the board's decision-making independence and governance quality?
Will the transition of internal audit responsibilities to Mr. Suresh Chand Khandelwal, given his long tenure with the Jindal Group, enhance internal control efficiency or raise concerns about independence?
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