Announced Sat, 23 Aug · 15:28 IST

Outcome of Board Meeting held on August 23, 2025 - Appointment of Ms. Ketaki Naginbhai Patel as an Additional Non-Executive Independent Director and reconstitution of committees.

Management Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shahlon Silk Industries has appointed Ms. Ketaki Naginbhai Patel (DIN: 11249634) as an Additional Non-Executive Independent Director for a first term of five years starting August 23, 2025. The appointment is subject to shareholder approval at the next Annual General Meeting. Ms. Patel holds a postgraduate diploma in business management from NMIMS and a bachelor's degree in computer engineering, with over 20 years of experience across chemicals, HR, and IT sectors, and has recently been exploring AI applications in the textile industry. Following her appointment, the Audit Committee and Nomination & Remuneration Committee have been reconstituted, with Mr. Rajendra Kundanlal Desai continuing as Chairman of both committees.

Likely market impact

This is a routine governance update — adding an independent director strengthens the board's independence. No material impact on shareholders or stock price is expected from this announcement.