Board approves appointment of Statutory Auditors and an Independent Director

Dolat Algotech's Board, at its meeting on 08th October, 2026, considered and approved two appointments.

Thu 8 Oct 2026

Statutory Auditor Appointed

M/s. Vijay Mehta & Co., Chartered Accountants (ICAI Firm Registration No. 111418W)

Auditor Term

5 (Five) consecutive years, FY 2026-27 to FY 2030-31

Independent Director Appointed

Mrs. Vijyatta Jaiswal (DIN: 07131327), w.e.f. 01st November, 2026, for 5 (Five) years up to 31st October, 2031

Two appointments approved by the Board

The Board of Dolat Algotech met on 08th October, 2026, and approved the appointment of a new Statutory Auditor and a new Independent Director. The meeting commenced at 4.30 p.m. and concluded at 05.15 p.m.

Statutory Auditors

• Based on the recommendation of the Audit Committee, M/s. Vijay Mehta & Co., Chartered Accountants (ICAI Firm Registration No. 111418W) was appointed as Statutory Auditors.
• Term: 5 (Five) consecutive years, i.e. FY 2026-27 to FY 2030-31.
• The appointment is subject to approval of the shareholders of the Company.

What the update discloses about the audit firm

• It is a Chartered Accountancy partnership firm with over 44 years of professional standing.
• It was originally established as a sole proprietorship by CA Vijay Mehta in 1981 and converted into a partnership firm in late 2005 on the induction of CA Mrinal A. Mehta as partner.
• CA Vijay Mehta holds B.Com., F.C.A. and DISA (ICAI) and has more than four decades of professional experience in taxation and audit.
• CA Mrinal A. Mehta holds B.Com., F.C.A. and DISA (ICAI), has more than two decades of professional experience, earlier worked with M/s. Price Waterhouse Coopers in its Audit & Assurance team, and has been associated with the firm for approximately 20 years.
• The firm's services include tax compliance and consultancy (direct and indirect taxes), audit (statutory, tax and GST), accounting and finance outsourcing, business process set-up and special audits. Its special audit experience includes statutory bank branch and PSU audits, and internal audits of stock brokers and depository participants.

Independent Director

• Based on the recommendation of the Nomination and Remuneration Committee, Mrs. Vijyatta Jaiswal (DIN: 07131327) was appointed as an Additional Director designated as Independent Director, not liable to retire by rotation.
• Effective 01st November, 2026, for a period of 5 (Five) years, i.e. from 01st November, 2026 to 31st October, 2031 (both days inclusive).
• The appointment is subject to the prior approval(s) of the stock exchanges with which the Company is registered as a stock broker, such other approvals, permissions or sanctions as may be required, and the approval of the Members of the Company.

What the update discloses about her

• She qualified as a Chartered Accountant in November 1997 and holds a B.Com. (Hons.) degree from the University of Calcutta. She was a rank holder at all levels of the CA examinations and received the Madan Memorial Award for Best Lady Candidate in both the Intermediate and Final examinations, and National Scholarships during her school and college education.
• She has over two decades of professional experience, with expertise in direct and indirect taxation, audits, statutory audits, accountancy services and client advisory services. She is presently a Senior Partner at Stars Co LLP, Chartered Accountants.
• She is at present an Independent Director in Homezone Rubber Solutions Ltd, and has served as an Independent Director in Rishiroop Ltd, a listed company, for over ten years.
• She is not related to any of the Directors of the Company, and is not debarred from holding the office of director by virtue of any order of SEBI or any other such authority.

What this means for a shareholder

• These are board-level appointments: one fixes who audits the Company's accounts for FY 2026-27 to FY 2030-31, and the other adds an Independent Director from 01st November, 2026 for five years.
• Both are stated as subject to further approvals, so the appointments take effect as described once those approvals are in place.
• The update sets out the professional background of both the audit firm and the new Independent Director, along with the terms of their appointment.

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