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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors of Kakatiya Textiles Limited met on 30 May 2026 and approved the audited financial statements for Q4 and the financial year ended 31 March 2026, along with the Statement of Assets and Liabilities and Cash Flow Statements. The Board also took note of the Auditor's Report on the quarterly and year-to-date financial results. Two key management changes occurred on the same day: Chief Financial Officer Mr. Hari Obula Reddy Velicherla and Manager Mr. Siva Prasad Vank both resigned citing personal reasons with immediate effect. Mr. Atmakuri Rama Guravaiah was appointed as the new CFO and Mr. Bandlamudi Sunil Babu was appointed as the new Manager, both effective 30 May 2026. No specific financial numbers or auditor opinions were disclosed in this filing.
The filing shows routine approval of annual financial statements with no red flags mentioned. The simultaneous resignation and replacement of both CFO and Manager on the same day, both citing personal reasons, could raise minor concerns about management continuity, though both positions were filled immediately. No financial metrics were provided to assess company performance.