Announced Mon, 22 Jun · 16:36 IST
Osiajee Texfab board re-appoints MD and changes director designations
Management Changes View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
-0.0%1-day move
₹408.20
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AI summary
Osiajee Texfab board on 22 June 2026 approved: (1) Re-appointment of Reema Saroya as Managing Director for 5 years (8 Jun 2026 to 7 Jun 2031). (2) Megha Jain elevated from Non-Executive Director to Whole-Time Director for 5 years. (3) Lokesh Goyal redesignated from Whole-Time Director to Non-Executive Director. All items are subject to shareholder approval at the upcoming AGM.
Likely market impact
Routine board reshuffle. MD re-appointed for 5 years, ensuring leadership continuity. Subject to shareholder approval at AGM.