Reason: Retires by rotation and being eligible, offered herself for re-appointment
Date of Appointment: Re-appointed at the 34th AGM dated 27th August, 2026, liable to retire by rotation
Background: Aged 56 years, Indian national, has been serving as Director since December 18, 1999. Has over 25 years of experience in the textile industry. Completed Second Year of Bachelor of Commerce (B.Com.) course from Gujarat University in 1989.
Relationships: Wife of Mr. Manish Shah
Remuneration Terms: Comparable to remuneration paid to persons holding similar position in other companies of similar size. Other terms and conditions as decided by the Board.
Compliance Status: Not debarred from holding office of director by virtue of any SEBI or other authority order.
2. Re-appointment of Mr. Manish Shah
Name: Mr. Manish Kantilal Shah (DIN: 00040966)
Position: Managing Director
Reason: Re-appointment as Managing Director
Date of Appointment: Re-appointed at the 34th AGM dated 27th August, 2026
Background: Aged 57 years, Managing Director of the Company. Holds Bachelor of Commerce (B.Com.) degree with over 33 years of experience with K K Silk Mills Limited.
Relationships: Brother of Mr. Nilesh Jain and husband of Asha Shah
Remuneration Terms: Comparable to remuneration paid to persons holding similar position in other companies of similar size. Other terms and conditions as decided by the Board.
Compliance Status: Not debarred from holding office of director by virtue of any SEBI or other authority order.
3. Re-appointment of Mr. Nilesh Jain
Name: Mr. Nilesh Kantilal Jain (DIN: 00040930)
Position: Whole Time Director
Reason: Re-appointment as Whole Time Director
Date of Appointment: Re-appointed at the 34th AGM dated 27th August, 2026
Background: Aged 49 years, Indian national, Whole Time Director. Has over 24 years of experience in the textile industry. Completed Higher Secondary Certificate (HSC) from Lala Lajpat Rai Junior College of Commerce and Economics in 1996.
Relationships: Brother of Mr. Manish Shah
Remuneration Terms: Comparable to remuneration paid to persons holding similar position in other companies of similar size. Other terms and conditions as decided by the Board.
Compliance Status: Not debarred from holding office of director by virtue of any SEBI or other authority order.
4. Appointment of Secretarial Auditor
Firm Name: Nidhi Bajaj & Associates
Appointment Period: Financial Years 2026-27 to 2030-31 (five consecutive financial years)
Reason: Appointment pursuant to applicable provisions of the Companies Act, 2013 and SEBI (LODR) Regulations, 2015
Board Approval Date: 29th May, 2026
Firm Background: Practising Company Secretaries firm with 10 years of experience in secretarial audit, corporate laws, SEBI regulations, corporate governance and related compliance matters. Led by Nidhi Bajaj, a qualified Company Secretary with 10 years of professional experience.
Relationships: Not related to any director of the Company
Terms: Shall conduct Secretarial Audit in accordance with applicable provisions of Companies Act, 2013, SEBI (LODR) Regulations, 2015, Secretarial Standards and other applicable laws. Remuneration to be mutually agreed between Company and Secretarial Auditor, subject to required approvals.
