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Kamadgiri Fashion's board, at its meeting on July 15, 2025, approved the appointment of Mr. Abhishek Agarwal as an Additional Non-Executive Independent Director for a 5-year term effective July 15, 2025. Mr. Agarwal brings over a decade of textile industry experience, specialising in fabric sourcing, vendor development, and supply chain optimisation, with qualifications from Mumbai University and the University of Westminster, London. The board also approved the re-appointment of M/s. DMKH & Co., Chartered Accountants (a Mumbai-based firm with 15 partners and 150+ professionals) as Statutory Auditor for a second consecutive 5-year term, covering the 38th to 43th AGM. Both appointments are subject to shareholder approval at the upcoming AGM. Mr. Agarwal is confirmed to have no relation to any existing director on the board.
These are routine corporate governance updates with no immediate material impact on the stock. The new independent director adds textile sourcing expertise to the board, while the auditor re-appointment signals continuity in financial oversight.