Announced Wed, 1 Oct · 17:25 IST

Change in Managment of the Company-Appointment of Non-Executive Director.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

At its 42nd AGM held on September 29, 2025, Ashnoor Textile Mills announced multiple board-level changes effective from October 1, 2025. Ms. Parul Aggarwal (DIN: 08428713), a Company Secretary with 8 years of experience, was appointed as a Non-Executive Independent Director for a first term of 5 years. Mr. Naresh Kumar Aggarwal (DIN: 00224371), a practicing Chartered Accountant since 1993, was re-appointed for a second 5-year term effective February 27, 2026. Mr. Anil Kumar Arora was appointed as Secretarial Auditor for 5 years covering FY 2025-26 to 2029-30. Separately, Mr. Anil Aggarwal (DIN: 00224118) ceased to be a director on September 30, 2025, after completing his second term of 5 years.

Likely market impact

These are routine governance changes — an outgoing independent director's term ended naturally, while new and re-appointed independent directors and a long-tenure secretarial auditor were inducted. No material impact on shareholders or stock price is expected from this filing.