Appointment of Unit Head of Guna Works of the company.
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Deepak Spinners Ltd has appointed Shri Nandkishore Khandelwal as Senior Vice President and Unit Head of its Guna Works, effective 15th June 2026. The appointment was approved by the Board via circular resolution on 13th June 2026, based on the recommendation of the Nomination and Remuneration Committee. Shri Khandelwal is a textile industry veteran with 38 years of experience in production planning, quality control, process coordination, sales operations, and textile manufacturing management. He has previously worked with Eastern Spinning Mills, Gujarat Spinning, Rajasthan Textile Mills, and Sutlej Textiles & Industries Ltd, and holds a BSc from Rajasthan University, Jaipur. His appointment terms will be in line with the company's Nomination and Remuneration Policy.
This is a routine operational-level senior management appointment and is unlikely to have a material impact on the stock price. It signals continuity and strengthening of plant-level leadership at the Guna manufacturing unit.