Company Disclosure

Board Decision

The Board of Directors of Sanathan Textiles Limited, based on the recommendation of the Nomination and Remuneration Committee, approved the reappointment of three independent directors on October 15, 2026. The reappointments are subject to shareholder approval.

Director Details

Mr. Khurshed Thanawalla (DIN: 00201749)

  • Profile: Fellow member of The Institute of Chartered Secretaries & Administrators, London and Chartered Management Institute, Corby, United Kingdom. Former Chairman and Managing Director with long tenure, retired as Country Representative - India for Oerlikon Group. Former Chairman of Rotaries Screens of Asia (Pte) Ltd., Singapore till 1978.
  • Relationship: Not related to any other directors of the company
  • Additional Role: Nominated to continue on the board of Sanathan Polycot Private Limited (material subsidiary) pursuant to Regulation 24(1) of SEBI Listing Regulations, 2015

Mr. Debabrata Sarkar (DIN: 02502618)

  • Profile: Fellow member of The Institute of Chartered Accountants of India, holds master's degree in commerce from University of Calcutta, certified associate of Indian Institute of Bankers. Appointed in officers' cadre as chartered accountant at Bank of Baroda in 1982. Executive director of Allahabad Bank in 2009, chairman and managing director of Union Bank of India from April 2012 until retirement on November 30, 2013. Former non-executive chairman and nominee director of KBC Union Asset Management Co. Private Limited.
  • Relationship: Not related to any other directors of the company

Mr. Vinay Aggarwal (DIN: 00030483)

  • Profile: Bachelor's degree in commerce from Sydenham College of Commerce and Economics, University of Bombay, master's degree in business administration from Northeastern University, Boston, Massachusetts, USA. Several years of experience in finance, previously associated with Tata Consultancy Services and served as director of finance for Tata Burroughs Limited (Indian entity of Burroughs Corporation).
  • Relationship: Not related to any other directors of the company

Appointment Terms

All three directors are reappointed for a second consecutive five-year term effective from November 22, 2026 until November 21, 2031.