Jhaveri Credits and Capital Limited, in a move aimed at reinforcing its corporate governance framework, announced a crucial appointment at its Board meeting held on March 29, 2025. The company has appointed M/s. ALAP & Co. LLP, a Peer Reviewed Firm led by prominent professionals, Mr. Anand Lavingia and Ms. Ankita Patel, as the Secretarial Auditor for the Financial Year 2024-25.

This appointment comes as part of the company’s ongoing efforts to ensure regulatory compliance and maintain the highest standards of corporate governance. The Secretarial Audit will cover all areas as required by the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and is aimed at enhancing transparency in corporate affairs.

ALAP & Co. LLP's Appointment as Secretarial Auditor
ALAP & Co. LLP is a well-established corporate advisory firm based in Ahmedabad, offering a wide array of services in corporate law, capital markets, corporate governance, and legal matters. With a deep understanding of the complex and dynamic nature of corporate laws, ALAP & Co. LLP is renowned for providing quality services that cater to all secretarial and legal needs of businesses. The firm’s comprehensive approach helps clients navigate through corporate regulations, ensuring smooth operations in a challenging regulatory environment.

The appointment of ALAP & Co. LLP is expected to bolster Jhaveri Credits’ compliance and regulatory functions. Their experienced team will ensure that the company adheres to all statutory requirements, including the maintenance of corporate records, preparation of reports, and ensuring transparency in all financial and legal processes.

Postal Ballot Notice and Calendar of Events
In addition to the appointment of the Secretarial Auditor, the Board of Directors also approved the notice of postal ballot and the calendar of events for the upcoming postal ballot. This will enable shareholders to vote on various resolutions through the e-voting process. The company has appointed Mr. Anand Lavingia (COP No. 11410) and Ms. Ankita Patel (COP No. 16497), both from ALAP & Co. LLP, as the scrutinizers for the postal ballot process. Their role will be to ensure the process is carried out in a fair and transparent manner.

The postal ballot process will provide an opportunity for shareholders to participate remotely, enhancing shareholder engagement while ensuring that the company maintains compliance with regulatory requirements.

Board Meeting Timing
The Board Meeting commenced at 12:30 p.m. and concluded at 1:23 p.m. The decisions made in this meeting reflect Jhaveri Credits’ ongoing commitment to enhancing its corporate governance practices and ensuring robust compliance with SEBI guidelines.

Profile of ALAP & Co. LLP
ALAP & Co. LLP is a trusted name in the field of corporate advisory services. The firm specializes in corporate laws, capital markets, legal matters, and regulatory licensing. With over a decade of experience, ALAP & Co. LLP has earned a reputation for providing practical solutions and exceptional service to its clients. Its team of professionals works diligently to help clients navigate the complexities of corporate governance and financial regulations, which is why it is considered one of the leading advisory firms in India.

The firm’s professionals are known for their in-depth knowledge and expertise, making them well-suited to handle the secretarial audit and regulatory requirements of a company like Jhaveri Credits.

Conclusion
With the appointment of ALAP & Co. LLP as the Secretarial Auditor, Jhaveri Credits is further strengthening its commitment to maintaining a transparent, compliant, and efficient corporate governance structure. This move, alongside the approval of the postal ballot notice and the calendar of events, is expected to facilitate smooth and compliant shareholder engagement in the upcoming period.

This marks another step in the company’s efforts to ensure its operations are in line with SEBI regulations and to deliver on its commitments to stakeholders with transparency and integrity.

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