Change in Director / Key Managerial Personnel
Nature of change: Reappointment of Senior Vice President
Name and DIN of the individual: Mr. Sandeep Khandelwal (DIN not provided in disclosure)
Effective date and tenure: Reappointment effective from October 1, 2026, for a period of 5 (five) years
Brief profile and relevant qualifications:
- Aged about 50 years
- M.B.A. (Marketing) from Institute of Management & Entrepreneurship Development (IMED), Pune
- Over 20 years of experience in trading of Textile Yarns and Fibre
- Currently holding position of Managing Director in M/s. Ganesha Ecoverse Limited, a Group Company listed at BSE-SME
- Senior Management Personnel associated with the company since 2007
- Responsible for looking after plant administration and operations
Relationship with other directors: Mr. Sandeep Khandelwal is son of Shri Vishnu Dutt Khandelwal, Executive Vice-Chairman of the Company
Approval process: The reappointment was approved by the Board of Directors at its meeting held on August 3, 2026, based on recommendations of the Nomination and Remuneration Committee and Audit Committee
Meeting details: The Board meeting commenced at 5:15 PM and concluded at 6:00 PM on August 3, 2026