
Management Change22 Jun 2026, 04:30 pm
Osiajee Texfab Board Approves MD Re-appointment and Director Changes
AI Summary
Osiajee Texfab Limited's Board of Directors met on June 22, 2026, approving key management changes. Ms. Reema Saroya was re-appointed as Managing Director for a five-year term, effective June 8, 2026, subject to shareholder approval. Ms. Megha Jain's designation changed from Non-Executive Director to Whole-Time Director for five years from June 22, 2026, also pending shareholder consent. Mr. Lokesh Goyal's designation was changed from Whole-Time Director to Non-Executive Director. These decisions are subject to necessary shareholder and regulatory approvals.
Key Highlights
- Ms. Reema Saroya re-appointed as Managing Director for 5 years.
- Ms. Megha Jain's designation changed to Whole-Time Director.
- Mr. Lokesh Goyal's designation changed to Non-Executive Director.
- All changes are subject to shareholder approval.
- Board meeting held on June 22, 2026.
Price Impact
More from OSIAJEE