Jyoti Structures Limited Appoints M/s. Santosh M. Raikar & Co. as Tax Auditor for FY 2026-27

1 min read     Updated on 02 May 2026, 10:58 PM
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Jyoti Structures Limited has appointed M/s. Santosh M. Raikar & Co., Chartered Accountant as Tax Auditor for FY 2026-27 through a board resolution dated April 30, 2026. The firm brings thirty years of experience in audit, taxation, and accountancy services, with expertise in statutory audit, tax compliance, and regulatory matters. The appointment complies with SEBI regulations and was formally communicated to stock exchanges.

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Jyoti Structures Limited has announced the appointment of M/s. Santosh M. Raikar & Co., Chartered Accountant as Tax Auditor for the financial year 2026-27. The decision was made through a board resolution dated April 30, 2026, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements), 2015.

Appointment Details

The board of directors approved the appointment on April 30, 2026, designating the chartered accountant firm to conduct tax audit for the financial year 2026-27. The appointment follows regulatory requirements and was communicated to both BSE Limited and National Stock Exchange of India Limited.

Parameter Details
Appointment Date April 30, 2026
Firm Name M/s. Santosh M. Raikar & Co.
Registration Number FRN: 131534W/038576
Appointment Type Tax Auditor
Term Financial Year 2026-27

Firm Profile and Experience

M/s. Santosh M. Raikar & Co. brings substantial expertise to the role, with thirty years of experience in chartered accountancy practice. The firm specializes in comprehensive financial and compliance services across multiple domains.

Service Portfolio

The appointed firm's capabilities include:

  • Audit, taxation and accountancy services
  • Statutory audit and tax audit services
  • Income tax compliance management
  • Company law matters expertise
  • Goods and Service Tax matters handling

The firm has demonstrated experience working with various types of clients, providing a wide range of services related to the chartered accountancy profession. Their expertise spans across different aspects of financial compliance and regulatory requirements.

Regulatory Compliance

The appointment was made in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically under Regulation 30. The company has fulfilled all disclosure requirements as mandated by SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015.

Company Secretary Sonali K. Gaikwad (FCS 13908) signed the official communication, ensuring proper documentation and regulatory compliance for the appointment process.

Historical Stock Returns for Jyoti Structures

1 Day5 Days1 Month6 Months1 Year5 Years
+0.54%-0.15%+23.50%+4.70%-27.60%+220.05%

What factors might have influenced Jyoti Structures' decision to change tax auditors, and could this signal upcoming strategic shifts in their financial operations?

How might M/s. Santosh M. Raikar & Co.'s extensive GST expertise benefit Jyoti Structures amid evolving tax regulations in the infrastructure sector?

Will this new tax auditor appointment potentially impact Jyoti Structures' tax optimization strategies and overall financial performance in FY 2026-27?

Jyoti Structures Limited Confirms Non-Large Corporate Status for FY26 Under SEBI Framework

1 min read     Updated on 14 Apr 2026, 12:25 PM
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Jyoti Structures Limited has confirmed to BSE and NSE that it does not fall under the 'Large Corporate' category as per SEBI's regulatory framework for FY26. The confirmation, signed by Company Secretary Sonali K Gaikwad on April 14, 2026, addresses compliance with SEBI circular dated November 26, 2018, regarding fund raising through debt securities issuance. This regulatory classification affects the company's debt issuance requirements and compliance obligations under the established framework.

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Jyoti Structures Limited has formally notified stock exchanges that it does not qualify as a 'Large Corporate' under SEBI's regulatory framework for the financial year ended March 31, 2026. The confirmation addresses compliance requirements related to debt securities issuance regulations.

Regulatory Compliance Confirmation

The company submitted its compliance confirmation on April 14, 2026, addressing the requirements outlined in SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular specifically deals with fund raising by issuance of debt securities by large entities and establishes the framework for determining Large Corporate status.

Parameter Details
Reference Period Financial Year ended March 31, 2026
SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018
BSE Circular LIST/COMP/05/2019-20 dated April 11, 2019
Confirmation Date April 14, 2026

Stock Exchange Notification

Jyoti Structures Limited communicated its non-Large Corporate status to both major Indian stock exchanges. The company trades on BSE with scrip code 513250 and on NSE under the symbol JYOTISTRUC. The notification ensures compliance with exchange-specific requirements stemming from the SEBI framework.

Corporate Details and Authorization

The confirmation was signed by Company Secretary Sonali K Gaikwad (FCS 13908) and digitally authenticated on April 14, 2026. Jyoti Structures Limited, incorporated in 1974, operates from its corporate office at Valecha Chambers, New Link Road Oshiwara, Andheri (West) Mumbai, with Corporate Identity Number L45200MH1974PLC017494.

Regulatory Framework Impact

The Large Corporate classification under SEBI regulations affects how companies can raise funds through debt securities. By confirming its non-Large Corporate status, Jyoti Structures Limited clarifies its position within the regulatory framework that governs debt issuance requirements and compliance obligations for different categories of entities.

Historical Stock Returns for Jyoti Structures

1 Day5 Days1 Month6 Months1 Year5 Years
+0.54%-0.15%+23.50%+4.70%-27.60%+220.05%

What strategic advantages might Jyoti Structures gain from its non-Large Corporate status in terms of regulatory flexibility and compliance costs?

How could this classification impact the company's future debt fundraising options and borrowing costs compared to Large Corporate entities?

Will Jyoti Structures need to reassess its Large Corporate status annually, and what growth metrics could potentially change this classification?

More News on Jyoti Structures

1 Year Returns:-27.60%