Please find attached intimation for re-appointment of Chairman & Managing Director of the Company w.e.f. February 15, 2026.
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Texel Industries Ltd has re-appointed Mr. Shailesh Ramniklal Mehta as Chairman & Managing Director for a period of 3 years, effective February 15, 2026. The re-appointment was approved by shareholders at the 36th Annual General Meeting held on September 29, 2025, based on the Board of Directors' recommendation. Mr. Mehta is a founding member and promoter of the company, has over three decades of experience in the plastics industry, and has been on the Board since 1989. He is related to Mr. Naresh Ramniklal Mehta, a Non-Executive Director on the Board. The filing confirms he is not debarred from holding director office by SEBI or any other authority.
This is a routine re-appointment of the existing promoter-CMD, providing leadership continuity for the next three years. Shareholders are unlikely to see any material change in the company's strategic direction.