🧱 JK Lakshmi Cement: New Auditors, Old Cement, and 80-Year-Old CA Firms — Is This Governance or a Grey Hair Convention?
CMP: ₹868.00 | -0.76% Today ✍️ By Prashant Marathe | Published: May 27, 2025
📍 At a Glance
JK Lakshmi Cement’s board met on May 27 and approved a trio of governance moves — appointment of a new statutory auditor, a new secretarial auditor, and re-appointment of Independent Director Shri Sadhu Ram Bansal. It’s clean, compliant, and corporate — but hey, where’s the cement action?
No bonus, no buyback, no blockbuster — just a quiet reshuffle of the people who sign the paperwork.
🧾 What Did the Board Approve?
📋 Item
🆕 Update
Statutory Auditor
✅ M/s Lodha & Co LLP for FY26–FY30
Secretarial Auditor
✅ M/s Ronak Jhuthawat & Co. for FY26–FY30
Independent Director
🔁 Shri Sadhu Ram Bansal reappointed for 2nd term (2025–2030)
Old Auditor Retired
👋 S.S. Kothari Mehta & Co., completed 2 terms
🧠 EduInvesting Take: Governance is Sexy (Said No One Ever)
This update is squeaky clean from a regulatory standpoint. But let’s break the facade:
