Summary of Key Information:
Nature of Filing / Announcement: Outcome of Board Meeting - Management Changes
Key Management Changes:
Appointment:
- Mr. Jaimin Gupta appointed as Chief Financial Officer (CFO) effective July 29, 2026
- Appointment based on recommendations of Nomination and Remuneration Committee and Audit Committee
- Mr. Gupta is currently Chairman and Managing Director of the Company (DIN: 06833388)
- Professional Background: Nine years experience in textile industry
- Founder and owner of Stitched Textiles Limited (men's apparel retailing)
- Director at VIRU Retail Pvt. Ltd. (Joint Venture for brand "VS" of Virender Sehwag)
- Former CEO of Vaxtex Cotfab Limited (NSE Emerge listed textile fabric manufacturing company)
- Expertise in finance, business strategy, corporate management, and textile industry
Resignation:
- Mrs. Abira Mansuri resigned from positions of Company Secretary, Compliance Officer (Key Managerial Personnel), and Nodal Officer
- Resignation effective close of business hours on July 29, 2026
- Reason: Better opportunity/pursuing alternate career opportunity outside the organisation
- Membership No: 42410, Ecsin Number: EA042410F000031696
Company Address:
188/2, Ranipur Village, Opp. CNI Church, Narol, Ahmedabad - 382 405, Gujarat, India