StockWatch
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Other Textile Products
Management Change13 Aug 2026, 02:14 pm

PBM Polytex MD Gopal Patodia Re-appointed for 3 Years

AI Summary

PBM Polytex Ltd has announced the re-appointment of Mr. Gopal Patodia as Managing Director for a further term of three years, effective from April 1, 2027, to March 31, 2030. This decision was approved by the Board of Directors on August 13, 2026, and is subject to shareholder approval at the upcoming Annual General Meeting. Mr. Patodia brings over 60 years of experience in the textile industry and marketing. The company also disclosed that Mr. Krishan Kumar Patodia and Mr. Mohan Kumar Patodia are related to the Managing Director, and Mr. Patodia is not debarred from holding a director's office by any regulatory authority.

Key Highlights

  • Gopal Patodia re-appointed as Managing Director for three years.
  • New term runs from April 1, 2027, to March 31, 2030.
  • Re-appointment requires shareholder approval at the AGM.
  • Mr. Patodia has over 60 years of industry experience.
  • No regulatory debarment for Mr. Patodia.