Summary of Key Information:
Reporting Period (Quarter/Year): Not Specified
Nature of Filing / Announcement: Outcome of Board Meeting pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Audit Opinion:
Not Specified
Key Financial Highlights:
Not Specified
Standalone Results:
Not Specified
Consolidated Results:
Not Specified
Segment-wise Performance:
Not Specified
Corporate Actions:
Not Specified
Management Changes:
1. Re-designation and appointment of Mr. Manoj Kumar Jhajharia (DIN: 00003076) from Joint Managing Director (Non-Independent Executive) to Managing Director, effective from July 01, 2026 till June 30, 2031, subject to shareholder approval in the ensuing Annual General Meeting.
2. Re-designation and appointment of Mr. Shyam Lal Agarwala (DIN: 00003055) from Chairman & Managing Director (Non-Independent Executive) to Chairman & Director, effective from July 01, 2026, not liable to retire by rotation, subject to shareholder approval in the ensuing Annual General Meeting.
Internal Auditor Appointment:
3. Appointment of M/s. P S G & Co., Chartered Accountants (Firm Registration Number: 072795) as Internal Auditor of the Company for the financial year 2026-27.
Materiality Authorization:
4. Pursuant to Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements), 2015, the Board authorized Mr. Manoj Kumar Jhajharia (Managing Director) as the key managerial personnel for determining materiality of event or information and making disclosures to the Stock Exchange.
- Contact details: Email: mk@salonagroup.com, Telephone: 0422-2454415
Director Relationships Disclosure:
- Mr. Manoj Kumar Jhajharia is related to Mr. Shyam Lal Agarwala (Chairman & Managing Director), Mr. Arunkumar Jhajharia (Director), and Mr. Raghav Agarwal (Director).
- Mr. Shyam Lal Agarwala is related to Mr. Manoj Kumar Jhajharia (Joint Managing Director), Mr. Arunkumar Jhajharia (Director), and Mr. Raghav Agalwal (Director).
- Both are not related to any other Directors or their relatives.
Other Significant Information:
The information is available on the Company's website www.salonacotsDin.com (likely intended as www.salonacotspin.com).