Sutlej Textiles and Industries Limited has informed the Exchange that Shri C. S. Nopany (DIN 00014587) has relinquished the position of Wholetime Director of the Company with effect from 31st July, 2025 pursuant to his appointment as Managing Director, designated as Executive Chairman of the Company, for a period of 3 (three) years with effect from 01st August, 2025, as approved by the shareholders at the Annual General Meeting held on 29th July, 2025.
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Sutlej Textiles has informed the stock exchanges that Shri C. S. Nopany (DIN 00014587) has stepped down from his position as Wholetime Director effective 31st July 2025. He has simultaneously been appointed as Managing Director, designated as Executive Chairman, for a three-year term starting 1st August 2025. Shareholders had already approved this elevation at the Annual General Meeting held on 29th July 2025. Mr. Nopany is a Chartered Accountant with an MSc in Industrial Administration from Carnegie Mellon and over 34 years of industrial experience across sugar, textiles, shipping, fertilizers and more; he is also a past president of the Indian Chamber of Commerce. His son, Shri Arhant Vikram Nopany, continues to serve on the board alongside him.
This is a role elevation rather than a leadership exit — Mr. Nopany retains the top operational seat with a clearer Executive Chairman mandate, which is generally seen as continuity and stability for shareholders. No material disruption to strategy or governance is expected.