StockWatch
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Other Textile Products
Management Change3 Nov 2026, 07:33 pm

Indian Card Clothing Appoints Manasi Nisal as CFO

AI Summary

The Indian Card Clothing Company Ltd announced the appointment of Ms. Manasi M. Nisal as the Chief Financial Officer (CFO) effective November 4, 2026. The board also approved unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, and a proposal for an Overdraft Facility of ₹30 million from ICICI Bank. Additionally, a postal ballot notice for the appointment of Mr. Tushar Arvind Vaidya as a Non-Executive Non-Independent Director will be sent to shareholders.

Key Highlights

  • Ms. Manasi M. Nisal appointed as CFO effective November 4, 2026.
  • Board approved unaudited financial results for Q2 FY27.
  • Company to avail an Overdraft Facility of ₹30 million.
  • Postal ballot notice to be issued for director appointment.