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Other Textile Products
Management Change25 Aug 2026, 07:10 pm

Aastha Spintex: Director Resigns, New Auditor Appointed

AI Summary

Aastha Spintex Ltd announced a series of changes following a Board of Directors meeting held on August 25th, 2026. Mr. Anant Bharatbhai Bhatt resigned as Non-Executive Independent Director due to personal commitments. Concurrently, Mr. Utsav Himanshu Trivedi was appointed as an Additional Director in the category of Non-Executive Independent Director, subject to shareholder approval. The company also appointed M/s. S N D K & Associates LLP as its new Statutory Auditor, replacing M/s. S N Shah & Associates. Additionally, M/s Utkarsh Shah & Co. was appointed as the Secretarial Auditor for a five-year term. The Board also decided to fix a record date for the payment of final dividend.

Key Highlights

  • Mr. Anant Bhatt resigns as Non-Executive Independent Director.
  • Mr. Utsav Trivedi appointed as Additional Non-Executive Independent Director.
  • New Statutory Auditor M/s. S N D K & Associates LLP appointed.
  • Secretarial Auditor M/s. Utkarsh Shah & Co. appointed for five years.
  • Record date to be fixed for final dividend payment.