Gujarat Hy-Spin Appoints MD & Whole-time Director for 5 Years

Gujarat Hy-Spin Ltd announced the appointment of Mr. Maganlal Shambhubhai Parvadiya as Managing Director and Mr. Chandubhai Shambhubhai Parvadiya as Whole-time Director. Both appointments are for a term of 5 years, effective from August 31, 2026. The approvals were granted at the company's 16th Annual General Meeting held on September 30, 2026. The company confirmed that both directors are not debarred or disqualified by SEBI or any other relevant authority from holding such office. Mr. Maganlal Parvadiya, a promoter, has over three decades of experience in the textile industry. Mr. Chandubhai Parvadiya, also a promoter, has over two decades of experience and oversees the company's overall operations. They are brothers and their family has significant involvement in the company's management.