Rajeshwari Cans Ltd appointed Jitendra Dave & Associates as its statutory auditor to fill a casual vacancy in the office of the statutory auditor.

The Board of Directors approved the appointment during its meeting held on September 2, 2026. The firm will hold the office until the conclusion of the company's upcoming Annual General Meeting.

Appointment Details

The appointment is subject to shareholder approval. Jitendra Dave & Associates is a Chartered Accountancy firm based in Ahmedabad with Firm Registration Number 153651W.

Firm Profile

The audit firm offers a range of professional services including statutory audit, internal audit, tax audit, and management consultancy. It also provides bookkeeping, international taxation, project finance, capital fund raising, and business valuation services.

The firm handles corporate and secretarial compliances, SEBI regulatory compliances, stock exchange compliances, business restructuring, and financial planning. It represents clients before various government and semi-government authorities.

Rajeshwari Cans Limited announced that its statutory auditor, Shivam Soni & Co., has resigned from the position effective August 17, 2026. The Ahmedabad-based packaging company informed the Bombay Stock Exchange (BSE) of the development in a filing dated August 17, 2026.

The resignation was communicated by CA Shivam Soni, Partner at the firm, who cited "personal commitment" as the sole reason for stepping down. The firm had been originally appointed as statutory auditor on September 30, 2024, with its term scheduled to expire up to the Annual General Meeting to be held in financial year 2029.

Audit Timeline and Compliance

Shivam Soni & Co. submitted its latest audit report for the financial year 2025-2026 on May 30, 2026, prior to this resignation. In its disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company confirmed that there were no concerns raised by the auditor prior to resignation.

Key details regarding the auditor's tenure and exit are outlined below:

The filing further stated that no management-imposed limitations or circumstances beyond management control affected the audit process. There were no issues regarding the inability to obtain sufficient appropriate audit evidence, nor were there any material impacts on the financial statements due to lack of information.

Next Steps

Rajeshwari Cans must now appoint a new statutory auditor in accordance with SEBI regulations and the Companies Act. The company is required to disclose the appointment of the new auditor and the details of the resolution passed by the board or shareholders, as applicable.