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Other Textile Products
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.