announcement under regulation 30 (LODR)
Awaiting price reaction for this filing.
Santosh Fine Fab Ltd shareholders, at a meeting held on September 29, 2025, approved the appointment of Mr. Santosh Tulsiyan as Managing Director and Mr. Subhash Tulsiyan as Whole-time Director, both for a five-year term. The appointments were made effective from October 5, 2024, meaning shareholders are giving retrospective approval. The company also appointed Lalita Vijay Lath as Secretarial Auditor and M/s Jhunjhunwala Jain & Associates LLP as Statutory Auditor, both for five-year terms covering FY 2025-26 to 2029-30. Both Tulsiyan directors are Commerce graduates with over 18-20 years of experience in textile manufacturing and trade compliance.
The appointment of two directors sharing the Tulsiyan surname, which matches the company's name, suggests promoter family members are now formally on the board in executive roles. The retrospective approval of director appointments effective from October 2024 is worth noting as a governance point for investors.