StockWatch
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Other Textile Products
Management Change1 May 2026, 02:28 pm

Ashima Ltd Appoints Malay Dalal as Additional Director

AI Summary

Ashima Ltd has appointed Mr. Malay Jayendra Dalal as an Additional Director in the category of Non-Executive Independent Director, effective May 1, 2026, for a term of 5 years, subject to shareholder approval. This appointment led to the reconstitution of the Audit Committee and Stakeholders' Relationship Committee. Mr. Dalal is a Fellow Chartered Accountant with over 35 years of experience and is not debarred from holding the office of Director.

Key Highlights

  • Malay Jayendra Dalal appointed as Non-Executive Independent Director effective May 1, 2026.
  • Appointment is for a 5-year term, subject to shareholder approval.
  • Audit and Stakeholders' Relationship Committees reconstituted following the appointment.
  • Mr. Dalal has over 35 years of experience as a Chartered Accountant.
  • Mr. Dalal is not debarred from holding the office of Director.