Sahara Maritime appoints Company Secretary and statutory auditor

2 min read     Updated on 01 Jul 2026, 07:42 PM
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Sahara Maritime Ltd has appointed Ms. Ramdulari Saini as Company Secretary and Compliance Officer effective July 1, 2026. The Board also appointed M/s K. K. Jhunjhunwala & Co. as Statutory Auditors to fill a casual vacancy caused by the resignation of M/s G A M P & Co., subject to shareholder approval.

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Sahara Maritime Ltd has appointed Ms. Ramdulari Saini as its Company Secretary and Compliance Officer, effective July 1, 2026. The Board of Directors also approved the appointment of M/s K. K. Jhunjhunwala & Co. as the new Statutory Auditors to fill a casual vacancy caused by the resignation of the previous auditor, M/s G A M P & Co. The auditor appointment is subject to shareholder approval at the ensuing Annual General Meeting.

The decisions were taken during a Board meeting held on Wednesday, July 1, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 03:00 PM and concluded at 04:15 PM.

Key Managerial Personnel Appointment

Ms. Ramdulari Saini has been appointed as Company Secretary and Compliance Officer, designated as Key Managerial Personnel. She is an associate member of the Institute of Company Secretaries of India and brings over two years of experience in company secretarial compliances related to the Companies Act and SEBI Regulations. Her appointment is effective from July 1, 2026, and she will perform duties prescribed under Section 205 of the Companies Act, 2013, and Regulation 6 of the Listing Regulations.

Statutory Auditor Appointment

The firm M/s K. K. Jhunjhunwala & Co., holding Firm Registration No. 11852W, was appointed as Statutory Auditors based on the recommendations of the Audit Committee. The firm was established in 1991 and offers services in auditing, taxation, advisory, and financial consultancy. This appointment fills the casual vacancy arising from the resignation of M/s G A M P & Co. (Firm Registration No. 031165N) via their letter dated May 29, 2026.

Sr. No. Requirement Disclosure
1. Reason for Change Appointment to fill in the casual vacancy caused due to the resignation of M/s G A M P & Co., Chartered Accountants (Firm Registration No. 031165N)
2. Date of Appointment & Term Appointment with effect from July 1, 2026 subject to the approval of shareholders at the ensuing Annual General meeting of the Company.
3. Brief Profile K. K. Jhunjhunwala & Co. is a distinguished firm of Chartered Accountants offering a wide array of professional services in the fields of auditing, taxation, advisory, and financial consultancy. Established in 1991, the firm has continually provided high-quality solutions to businesses across industries, adhering to its core values of integrity, professionalism, and excellence.

Historical Stock Returns for Sahara Maritime

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-5.38%+8.64%-13.79%-45.00%-72.89%

What were the underlying reasons for the resignation of the previous auditor, M/s G A M P & Co.?

How will the appointment of a new Company Secretary impact Sahara Maritime's compliance strategy and corporate governance?

Is the change in statutory auditors likely to result in any significant shifts in the company's financial reporting or auditing approach?

Sahara Maritime auditor resigns due to pre-occupation

1 min read     Updated on 16 Jun 2026, 04:14 PM
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Sahara Maritime Limited's statutory auditor, M/s G A M P & Co., resigned effective May 28, 2026, citing pre-occupation in other professional engagements. The firm confirmed no material reasons or concerns regarding the company's management prompted the decision. The Board will consider appointing a new auditor to fill the casual vacancy.

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Sahara Maritime Limited's statutory auditor, M/s G A M P & Co., has resigned effective May 28, 2026, due to pre-occupation in other professional engagements and ongoing assignments. The auditor cited an inability to devote adequate time and resources required for the audit and related professional responsibilities of the company. There are no material reasons for the resignation, nor were any concerns raised regarding the management of Sahara Maritime Limited.

The resignation was communicated via a letter dated May 28, 2026, from Diwanshu Goyal, Partner at G A M P & Co. The firm was appointed on September 30, 2025, at the Annual General Meeting, with a term scheduled to expire at the conclusion of the 21st Annual General Meeting to be held in 2030. Prior to the resignation, the auditor had submitted the audit report for the financial year ended March 31, 2026, on May 27, 2026.

Sahara Maritime Limited confirmed that the resignation does not require deliberation by the Audit Committee as no concerns were raised. The Audit Committee and the Board will consider the appointment of new statutory auditors in due course to fill the casual vacancy. The company will intimate the exchange once the new appointment is finalized.

Resignation Details

Particulars Details
Name of Auditor M/s G A M P & Co.
Firm Registration No. 031165N
Reason for Resignation Pre-occupation in other professional engagements and ongoing assignments
Effective Date May 28, 2026
Appointment Date September 30, 2025 (AGM)
Term End Conclusion of 21st AGM in 2030
Last Audit Report Financial year ended March 31, 2026, dated May 27, 2026

Historical Stock Returns for Sahara Maritime

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-5.38%+8.64%-13.79%-45.00%-72.89%

Who will Sahara Maritime appoint as the new statutory auditor to fill the casual vacancy?

How will the change in auditors impact the timeline for releasing future financial reports?

Will the resignation of the auditor affect investor confidence in Sahara Maritime's governance?

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