Board Meeting22 May 2026, 04:27 pm
Gini Silk Mills Approves FY26 Audited Results; Appoints Additional Director
AI Summary
Gini Silk Mills Ltd. held a board meeting on May 22, 2026, approving the audited financial results for the fourth quarter and financial year ended March 31, 2026. The board also appointed Mr. Hitesh Nandlal Poddar as an Additional Director in an independent capacity, effective May 30, 2026. Additionally, the cessation of Mr. Ruchir Omprakash Jalan as an Independent Director was noted, also effective May 30, 2026. Changes in the composition of the Audit Committee and Stakeholder Relationship Committee were also approved. The board appointed Internal Auditor of the company for the Financial Year 2026-27.
Key Highlights
- Gini Silk Mills approved audited financial results for FY26.
- Hitesh Nandlal Poddar appointed as Additional Independent Director effective May 30, 2026.
- Ruchir Omprakash Jalan ceases to be an Independent Director from May 30, 2026.
- Changes in Audit Committee and Stakeholder Relationship Committee composition approved.
- Internal Auditor appointed for the Financial Year 2026-27.
Price Impact
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