Vardhman Textiles Limited has informed the Exchange about outcome of Postal Ballot ended on 25.06.2025.
VTL · price
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Vardhman Textiles has informed the stock exchanges that shareholders have approved two director appointments through a postal ballot that concluded on 25 June 2025. Dr. Arvind Sahay (DIN: 03218334) has been appointed as an Independent Director for a consecutive term of 5 years with effect from 3 May 2025. Ms. Soumya Jain (DIN: 10254459) has been appointed as a Non-Executive Non-Independent Director with effect from 3 May 2025. The disclosure was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
This is a routine corporate governance update confirming shareholder approval of board appointments. It is unlikely to have a material impact on the stock price, but it strengthens the composition of the company's board of directors.