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Other Textile Products
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.