1. Considered and Approved the Appointment of Mr. Bhavin Jayantibhai Kothiya (DIN: 11379649) as an Additional Director in the category of Non-executive Independent Director, not liable to retire by rotation, for the period Five years with effect from November 24, 2025 subject to the approval of the Shareholders; and Disclosures as required under Regulation 30 of the SEBI (LODR) Regulations, 2015 and pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is enclosed herewith as Annexure-A attached to this letter.The Board Meeting commenced at 02:15 P. M. and concluded at 2:45 P.M.We request you to kindly take the same on your records.
AKSHAR · price
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The board of Akshar Spintex Limited has approved the appointment of Mr. Bhavin Jayantibhai Kothiya (DIN: 11379649) as an Additional Director in the category of Non-Executive Independent Director. The appointment is for a period of five years with effect from November 24, 2025, and is subject to shareholder approval. Mr. Kothiya will not be liable to retire by rotation. The board meeting took place from 2:15 PM to 2:45 PM. Required disclosures under SEBI LODR Regulations have been enclosed.
This is a routine board-level governance update with no immediate material impact on shareholders or stock price. The appointment strengthens the board composition but requires shareholder ratification at the next general meeting.