Outcome of Board Meeting held for the Appointment of Company Secretary cum Compliance officer of the Company
Awaiting price reaction for this filing.
The Board of Directors of Ashapura Intimates Fashion Ltd has appointed Mr. Pawansut Swami as the new Company Secretary and Compliance Officer, effective 4th May 2026. The appointment was made based on the recommendation of the Nomination and Remuneration Committee. Mr. Swami is a qualified Company Secretary from the Institute of Company Secretaries of India with over 10 years of experience in Companies Act compliance. He is not related to any Director, Key Managerial Personnel, or Promoters of the company and does not hold any shares in the company. The Board meeting lasted 35 minutes and was chaired by Managing Director Nikunj Shah.
This is a routine appointment that ensures the company meets its statutory requirement of having a qualified Company Secretary. It has no immediate impact on shareholders or stock price but strengthens the company's compliance framework.