Omnitex Industries 40th AGM: MD appointed, auditor change proposed
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On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 0.9 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Omnitex Industries held its 40th AGM on Sep 30, 2026 via video conferencing from 3:07 PM to 3:24 PM. Four items were taken up: adoption of audited financial statements for FY ended March 31, 2026, re-appointment of Mr. Neeraj Gupta as Director retiring by rotation, appointment of Mr. Shyam Brahamadatt Bagrodia as Managing Director for 5 years, and appointment of statutory auditor for 5 years from FY 2026-27. Remote e-voting ran Sep 27-29. Results to be declared later.
New MD appointment and 5-year statutory auditor change proposed. Awaited e-voting results will confirm final outcomes.