In terms of Regulation 30 of SEBI (LODR), Regulations, 2015 as amended, this is to inform that the Board of Directors held in its meeting today on 18.12.2025 has appointed Mrs. Payal Ankur ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Dhanlaxmi Cotex's Board of Directors, at its meeting on 18 December 2025, approved the appointment of Mrs. Payal Ankur Bankda as the new Chief Financial Officer with immediate effect. In a related move, the Board also took on record the resignation of Mr. Rahul Mahesh Jhawar from the post of Executive Director & CFO, effective 9 December 2025. The newly appointed CFO is already an existing Director of the Company and is the daughter of Mr. Mahesh Sohanlal Jhawar, the Managing Director and Promoter. The transition effectively replaces one Jhawar-family member with another in the finance leadership role.
The change is a routine internal restructuring within the promoter family and is unlikely to materially affect operations or stock price in the short term. However, it further concentrates key financial control within the promoter's family, which shareholders may view as a governance consideration.