StockWatch
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Other Textile Products
Board Meeting13 Aug 2026, 12:50 pm

PBM Polytex Approves Unaudited Q1 FY27 Results, Reappoints MDs

AI Summary

PBM Polytex Ltd announced that its Board of Directors, in a meeting held on August 13, 2026, approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The board also approved the re-appointment of Mr. Gopal Patodia and Mr. Mohan Kumar Patodia as Managing Directors for a further term of three years, subject to shareholder approval. Additionally, Ms. Amishal Modi was re-appointed as an Independent Director. The company also approved the reconstitution of its board committees and a proposal for the disposal of Wind Mill Undertakings, along with alterations in the redemption terms of preference shares held in M/s Eurotex Industries and Exports Limited.

Key Highlights

  • Board approved Unaudited Financial Results for QE 30.06.2026.
  • Re-appointment of MDs Mr. Gopal Patodia and Mr. Mohan Kumar Patodia approved.
  • Ms. Amishal Modi re-appointed as Independent Director.
  • Board committees reconstituted following a director's demise.
  • Proposal for disposal of Wind Mill Undertakings approved.