StockWatch
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Other Textile Products
Board Meeting13 Aug 2026, 03:21 pm

Rudra Ecovation Declares Un-audited Standalone Results

AI Summary

Rudra Ecovation Ltd (formerly Himachal Fibres Limited) announced the outcome of its Board Meeting held on August 13, 2026. The board approved the un-audited standalone financial results for the quarter ended June 30, 2026. Additionally, the company's Board of Directors approved the reconstitution of the Audit Committee, effective from August 13, 2026. The company also received board approval for the sale/transfer/disposal of land and building situated at Barotiwala, subject to necessary approvals and terms of a Scheme of Arrangement/Amalgamation with Shiva Texfabs Limited.

Key Highlights

  • Board approved un-audited standalone financial results for Q1 FY27.
  • Audit Committee has been reconstituted.
  • Approval granted for sale of land and building at Barotiwala.
  • Transaction is subject to statutory and shareholder approvals.