
Acknit Industries: Rajarshi Ghosh Re-appointed as Independent Director
Acknit Industries Ltd's board re-appointed Mr. Rajarshi Ghosh as an Independent Director for a second term of 5 years, effective June 30, 2026, subject to shareholder approval. The board also approved the audited standalone financial results for the quarter and year ended March 31, 2026, and recommended a final dividend of 15% (₹1.50 per share). Mr. Mukul Banerjee and Mr. Jadav Lal Mukherjee will cease to be Independent Directors on May 29, 2026, after completing their terms. Trial production has started at the new garment factory, with 50% capacity utilization expected from September 2026. Commercial production of helmets has also commenced, and trial production of personal protective equipment has begun at Falta III.
Key Highlights
- Rajarshi Ghosh re-appointed as Independent Director for a second 5-year term.
- Final dividend of 15% (₹1.50 per share) recommended for FY 2025-26.
- Mukul Banerjee and Jadav Lal Mukherjee to cease as Independent Directors on May 29, 2026.
- Trial production started at new garment factory; 50% capacity expected by September 2026.
- Commercial production of helmets has commenced.
Price Impact
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