Re-appointment of Mr. Vijay R. Jaju DIN 00081475 as Managing Director of the Company for a further period of Three (3) years w.e.f. 01.02.2026

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Niwas Spinning Mills Ltd has re-appointed Mr. Vijay R. Jaju (DIN: 00081475) as Managing Director for a further period of three years, with the new term starting from 1 February 2026. The re-appointment was approved by members at the company's 41st Annual General Meeting held on 30 September 2025 at Solapur. The disclosure has been made to BSE under Regulation 30 of the SEBI Listing Regulations. The letter was signed by Aditya Jaju, Director of the company.

Likely market impact

This is a routine re-appointment of the existing Managing Director, suggesting continuity in leadership. It is unlikely to have a material impact on the stock price, though it reassures shareholders of stable management going into the next term.