
Management Change15 Aug 2026, 05:30 pm
Deepak Spinners CMD Re-appointed for 5 Years
AI Summary
Deepak Spinners Ltd announced the re-appointment of Shri Yashwant Kumar Daga as Chairman and Managing Director. The shareholders approved this at the 44th Annual General Meeting held on August 13, 2026. The re-appointment is effective from December 23, 2026, for a term of five consecutive years. Notably, the re-appointment is without any remuneration. This decision aligns with SEBI Listing Regulations and was disclosed as per the requirements.
Key Highlights
- Shri Yashwant Kumar Daga re-appointed as CMD.
- Re-appointment effective from December 23, 2026.
- Term of appointment is for five consecutive years.
- Re-appointment is without any remuneration.
- Shareholder approval received at the 44th AGM.
Price Impact
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