Classic Filaments Appoints Internal Auditor; Acquires Procasts Engineering

Classic Filaments Limited announced the appointment of Narendra Singh Negi as Internal Auditor for FY 2026-2027. The company's Board of Directors also approved the acquisition of 51% equity shares of Procasts Engineering Private Limited, making it a subsidiary. The acquisition was completed on September 1, 2026, with a cash consideration. The Board also noted the completion of the acquisition, authorized GST registration applications, appointed a scrutinizer for the AGM, and approved the notice for the 36th Annual General Meeting and Director's Report for the financial year ended March 31, 2026. The meeting took place on September 5, 2026.