StockWatch
·
Other Textile Products
Board Meeting18 Aug 2026, 07:30 pm

Lakhotia Polyesters Board Approves Director Appointment, Auditor Change

AI Summary

Lakhotia Polyesters (India) Ltd announced outcomes from its Board Meeting held on August 17, 2026. Key decisions included the appointment of Mr. Murli Harishkumar Lakhotia as an Additional Director (Non-Executive, Non-Independent) effective August 18, 2026, subject to member approval. The board also accepted the resignation of Mr. Ashokkumar Gulabchand Khajanchi as Executive Director from August 18, 2026. Furthermore, M/s. Praveen Purohit & Associates were appointed as Statutory Auditors to fill a casual vacancy. The 21st Annual General Meeting is scheduled for September 21, 2026.

Key Highlights

  • Mr. Murli Harishkumar Lakhotia appointed as Additional Director.
  • Mr. Ashokkumar Gulabchand Khajanchi resigns as Executive Director.
  • Praveen Purohit & Associates appointed as new Statutory Auditors.
  • 21st Annual General Meeting scheduled for September 21, 2026.
  • Board meeting held on August 17, 2026, concluded within 30 minutes.