Ghushine Fintrade Ocean Limited has announced the resignation of its statutory auditor M/s. APMM & CO., Chartered Accountant, effective January 27, 2026. The company informed the Bombay Stock Exchange of this development through a formal communication dated January 28, 2026, in compliance with regulatory requirements.

Auditor Resignation Details

The auditing firm APMM & CO., with Firm Registration Number 147804W, submitted their resignation letter on January 27, 2026. The firm cited their inability to continue as the statutory auditor due to preoccupation with other assignments as the primary reason for stepping down.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulation, 2015, read with SEBI Circular No. CIR/CFD/CMD1/114/2019 dated October 18, 2019. The company has provided all required details as mandated under Schedule III of the Listing Regulations and relevant SEBI circulars.

Company Information

Ghushine Fintrade Ocean Limited operates under the equity script code 539864 on the Bombay Stock Exchange, with ISIN INE009U01011. The company is registered in Surat, Gujarat, and the announcement was signed by Alok Jain, Managing Director and Compliance Officer (DIN: 00006643).

The resignation represents a routine corporate governance matter, with the company fulfilling its obligation to inform stakeholders about changes in key appointments. The company has attached the resignation letter and relevant annexures as part of its comprehensive disclosure to the stock exchange.

Ghushine Fintrade Ocean Limited has announced a significant change in its key managerial personnel, with Chief Financial Officer Alok Bhopalsingh Jain stepping down from his financial leadership role while retaining his executive positions within the company.

Board Meeting Outcome

The company's board of directors convened on January 19, 2026, to address the resignation of Mr. Alok Bhopalsingh Jain from his position as Chief Financial Officer. The meeting, which commenced at 5:00 p.m. and concluded at 8:50 p.m., formally approved Jain's resignation with immediate effect from the closure of business hours on January 19, 2026.

Key Personnel Change Details

The resignation has been structured to ensure continuity in the company's leadership structure:

Regulatory Compliance

Ghushine Fintrade Ocean Limited has fulfilled its regulatory obligations by notifying BSE Limited of this key managerial personnel change. The company provided comprehensive disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with compliance requirements under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Leadership Continuity

In his resignation letter, Jain expressed his intention to continue serving the company in his capacity as Managing Director and Chief Executive Officer. This arrangement ensures that the company retains his leadership expertise while creating an opportunity to restructure its financial management function. The resignation letter emphasized his commitment to facilitating a smooth transition of CFO responsibilities.

Company Information

Ghushine Fintrade Ocean Limited, incorporated in 1995, operates from its registered address in Surat, Gujarat. The company's board communication was signed by Director Kapilaben Alokhai Jain (DIN: 01426794), confirming the formal approval of the personnel change and ensuring proper documentation for regulatory compliance.