StockWatch
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Other Textile Products
Management Change24 Aug 2026, 02:18 pm

Osiajee Texfab Appoints 3 Independent Directors, Reconstitutes Committees

AI Summary

Osiajee Texfab Ltd announced significant board changes following a meeting on August 24, 2026. The company appointed Ms. Dolly Seth, Ms. Gurmeet Kaur, and Mr. Karan Kumar as Additional Directors (Non-Executive, Independent) for a five-year term, subject to shareholder approval. Concurrently, the board accepted the resignations of Ms. Sunita Devi, Mr. Ankur Verma, and Mr. Akash Rai as Non-Executive Independent Directors, effective the same date. These changes led to a reconstitution of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee.

Key Highlights

  • Three new independent directors appointed for five-year terms.
  • Three existing independent directors have resigned.
  • Board committees (Audit, NRC, Stakeholders) have been reconstituted.
  • AGM scheduled for September 29, 2026, via VC/OAVM.
  • Director's Report for FY 2025-26 approved.