
Management Change22 Jun 2026, 04:40 pm
Osiajee Texfab Board Approves MD Reappointment, Director Changes
AI Summary
Osiajee Texfab Limited's Board of Directors, in a meeting held on June 22, 2026, approved 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. Additionally, Ms. Megha Jain's designation changed from Non-Executive Director to Whole-Time Director for five years from June 22, 2026. Mr. Lokesh Goyal's designation was changed from Whole-Time Director to Non-Executive Director. These changes are pending shareholder approval at the upcoming Annual General Meeting.
Key Highlights
- Reema Saroya reappointed as MD for 5 years.
- Megha Jain transitions to Whole-Time Director.
- Lokesh Goyal moves to Non-Executive Director role.
- All changes are subject to shareholder approval.
Price Impact
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