Date: 30.09.2026

KMP / Board Changes

Re-appointment of Whole-time Director

  • Name: Mr. Maheshchandra Kailashchandra Laddha
  • DIN: 02333125
  • Designation: Whole-time Director
  • Type of change: Re-appointment
  • Effective Date: 09/08/2027
  • Term: 3 years (until 08/08/2030)
  • Current Term Expiry: 08/08/2027
  • Initial Appointment Date: 15/02/2011
  • Date of Birth: 01/07/1972 (Age 54 years)
  • Nationality: Indian
  • Qualifications: Graduate
  • Profile: Graduate and young entrepreneur with 34 years of experience. Specialized in marketing planning, portfolio management, and day-to-day company activities. Has vast experience in handling administration, marketing, and production. Focuses on ensuring quality products at competitive prices and cost-effective ways. Keeps watch on latest innovations in textile and other sectors and global R&D.
  • Family Relationships with Directors:
  • Mr. Kailashchandra Hiralal Laddha (Father) - Whole-time Director
  • Mr. Yogesh Laddha (Brother) - Managing Director
  • Mrs. Pallavi Laddha (Brother's wife) - Whole-time Director
  • Mr. Kamlesh Kailashchandra Laddha (Brother) - Whole-time Director
  • Regulatory Clearance: Not debarred from holding office of Director by virtue of any SEBI Order or any other such authority.

Appointment of Independent Director - Mr. Manishkumar Balkrishna Porwal

  • Name: Mr. Manishkumar Balkrishna Porwal
  • DIN: 01570715
  • Designation: Independent Director
  • Type of change: Appointment
  • Effective Date: 02/09/2026
  • Term: 5 years (first term)
  • Date of Birth: 28/12/1979 (Age 46 years)
  • Nationality: Indian
  • Qualifications: Chartered Accountant (CA)
  • Profile: 25 years experience in the Textile Industry. Extensive experience and expertise in financial services sector with expertise in accounts, finance, law, banking, management, sales, marketing, administration, research, corporate governance, and technical operations.
  • Family Relationships with Directors: Mr. Dilip Balkrishna Porwal (Brother) - Independent Director
  • Regulatory Clearance: Not debarred from holding office of Director by virtue of any SEBI Order or any other such authority.

Appointment of Independent Director - Mr. Satya Narayan Maheshwari

  • Name: Mr. Satya Narayan Maheshwari
  • DIN: 11874369
  • Designation: Independent Director
  • Type of change: Appointment
  • Effective Date: 02/09/2026
  • Term: 5 years (first term)
  • Date of Birth: 29/12/1964 (Age 61 years)
  • Nationality: Indian
  • Qualifications: M.COM and Certified Associate of the Indian Institute of Bankers (CAIIB)
  • Profile: Ex-Assistant General Manager in State Bank of India with 41 years service. Extensive experience and expertise in financial services sector with expertise in accounts, finance, law, banking, management, sales, marketing, administration, research, corporate governance, and technical operations.
  • Family Relationships with Directors: Not related to any of the Directors of the Company.
  • Regulatory Clearance: Not debarred from holding office of Director by virtue of any SEBI Order or any other such authority.

Appointment of Independent Director - Mr. Mahendra Singh Rana

  • Name: Mr. Mahendra Singh Rana
  • DIN: 11778390
  • Designation: Independent Director
  • Type of change: Appointment
  • Effective Date: 02/09/2026
  • Term: 5 years (first term)
  • Date of Birth: 12/06/1981 (Age 45 years)
  • Nationality: Indian
  • Qualifications: B.A. and LLB
  • Profile: Ex-Assistant Vice President of SBI General Insurance Company Limited with 20 years service. Extensive experience and expertise in financial services sector with expertise in accounts, finance, law, banking, management, sales, marketing, administration, research, corporate governance, and technical operations.
  • Family Relationships with Directors: Not related to any of the Directors of the Company.
  • Regulatory Clearance: Not debarred from holding office of Director by virtue of any SEBI Order or any other such authority.

Board Meeting Outcomes

  • All appointments were approved by shareholders at the 17th Annual General Meeting held on Tuesday, 29th September 2026.
  • The re-appointment of Mr. Maheshchandra Kailashchandra Laddha was initially approved by the Board of Directors at their meeting on 31/08/2026.

Other Operational / Legal / Strategic Disclosures

  • The disclosure is made pursuant to Regulation 30 read with Schedule III of the SEBI (LODR) Regulations 2015.
  • The company has complied with requirements under SEBI Master Circular dated January 30, 2026 as amended.
  • All disclosures follow Circular No. LIST/COMP/14/2018-19 and LIST/CML/2018/24 dated June 20, 2018 (as Amended) issued by BSE and NSE respectively.