Jhandewalas Foods Statutory Auditor Jain Chowdhary & Co Resigns Effective November 12, 2026

Jhandewalas Foods Limited's statutory auditor, Jain Chowdhary & Co, resigned effective November 12, 2026, citing health issues within a partner's family, ScanX reported on November 5, 2026. CA Yogendra Kumar Lokanda, the partner representing the firm, tendered the resignation, which the company disclosed in an intimation to BSE Limited.

Why Jain Chowdhary & Co Stepped Down

The audit firm said the health-related issues in the partner's family require significant time and attention, which prevents it from devoting the requisite professional resources to discharge statutory audit responsibilities effectively. Jain Chowdhary & Co was appointed on August 4, 2023, with a scheduled term ending March 31, 2028, so the resignation comes mid-term. The firm confirmed it will issue the Limited Review Report for the half-year ended September 30, 2026, on November 12, 2026, before its departure takes effect. Jhandewalas Foods said it will take the necessary steps to fill the casual vacancy under Section 139(8) of the Companies Act, 2013. The outgoing auditors also undertook to comply with Section 140(2) requirements, including filing Form ADT-3 with the Registrar of Companies.

Jhandewalas Foods' Distribution and Product Base

According to akta.pro company records, Jhandewalas Foods is a Jaipur-based FMCG company founded in 1895 that sells traditional Indian food products, primarily ghee, under the Naman brand. The same records describe a network of more than 200 distributors and more than 15,000 retail stores, a portfolio of more than 50 products, and a headcount range of 101 to 250. The company's leadership includes Managing Director Raakesh B. Kulwal and Chief Financial Officer Irfan Naqvi.

Auditor Changes Across the Sector

Dolat Algotech shareholders approved M/s. Vijay Mehta & Co as statutory auditors and Mrs. Vijyatta Jaiswal as independent director at an extraordinary general meeting on November 4, 2026, ScanX reported. Pulsar International appointed Dhaval Shah as independent director and Chandabhoy and Jassoobhoy as statutory auditor, both effective October 28, 2026, ScanX reported on October 27, 2026. Mowery & Schoenfeld hired Michelle Lehmann as Assurance Partner and leader of its audit practice, FinancialContent Business Page reported on October 27, 2026.

H1FY26 Review Report Due November 12

Jain Chowdhary & Co is set to issue the Limited Review Report for the half-year ended September 30, 2026, on November 12, 2026, the same date its resignation takes effect. Jhandewalas Foods will then fill the casual vacancy under Section 139(8) of the Companies Act, 2013.