We are submitting herewith outcome of board meeting wherein CFO, Internal Auditor, Cost Auditor and Secretarial Auditor were appointed.
Awaiting price reaction for this filing.
The board of Girnar Spintex Industries (formerly Amit Spinning) held a meeting on May 17, 2025 and appointed Mr. Shrenik Deepak Choudhari as the new CFO with immediate effect. The new CFO is a Chartered Accountant and the son of CMD Mr. Deepak Choudhari and Non-executive Director Mrs. Madhubala Choudhari. The board also reappointed the existing Internal Auditor, Secretarial Auditor, and Cost Auditor for FY 2025-26, showing continuity in audit arrangements. The company has recently been renamed from Amit Spinning Industries to Girnar Spintex Industries.
The appointment of the promoter family's son as CFO reinforces family control over key management, which retail investors should view as a governance consideration. Routine auditor reappointments suggest no disruption in compliance or audit oversight.