Ghcl Textiles Limited has informed the Exchange regarding Board meeting held on May 05, 2025.

GHCL Textiles' Board approved audited annual accounts and financial results for Q4 and FY ended March 31, 2025, with statutory auditor S.R. Batliboi & Co LLP issuing an unmodified (clean) opinion. The Board recommended a dividend of Rs. 0.50 per share (25% on paid-up capital) and revised the Dividend Distribution Policy to allow a pay-out range of 8% to 12% of PAT, signaling a focus on retaining cash for growth. A capital budget of approximately Rs. 17.15 crore has been approved for FY26. Key leadership changes include Mr. Marshal Sonavane taking over as CEO from June 1, 2025 (replacing retiring CEO R. Balakrishnan) and Mr. M. Parasuraman appointed as CFO effective May 29, 2025. The company also appointed Chandrasekaran Associates as Secretarial Auditor for five years and re-appointed Internal and Cost Auditors for FY26. The related party transaction disclosure lists several inter-company arrangements with parent GHCL Limited, including shared services, SAP licenses, gratuity contributions, and key managerial compensation.