Aastha Spintex Board Approves Director Appointment, Auditor Changes
Aastha Spintex Ltd held a board meeting on August 25th, 2026, where several key decisions were made. Mr. Utsav Himanshu Trivedi was appointed as an Additional Director (Non-Executive Independent), subject to shareholder approval. Concurrently, Mr. Anant Bharatbhai Bhatt resigned from his position as Non-Executive Independent Director due to personal commitments. The board also approved the appointment of M/s. S N D K & Associates LLP as the new Statutory Auditor, replacing M/s. S N Shah & Associates whose term is expiring. Furthermore, M/s. Utkarsh Shah & Co. was appointed as the Secretarial Auditor for the financial years 2026-27 to 2030-31. The meeting also resolved to fix the record date for the payment of the final dividend.
Key Highlights
- New Additional Director appointed, pending shareholder approval.
- Resignation of an existing Non-Executive Independent Director accepted.
- New Statutory Auditor appointed, replacing the outgoing firm.
- Secretarial Auditor appointed for a five-year term.
- Record date to be fixed for final dividend payment.
Price Impact
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