StockWatch
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Garments & Apparels
Board Meeting10 Aug 2026, 07:22 pm

Rupa & Co. Authorizes KMPs for Disclosure, Approves Divestment

AI Summary

Rupa & Company Ltd's Board of Directors met on August 10, 2026, approving the Unaudited Financial Results for the quarter ended June 30, 2026. Key decisions included the appointment of Mr. Rajat Arora as Whole-time Company Secretary and Compliance Officer, effective August 26, 2026, with Mr. Sumit Khowala continuing as CFO. The Board also revised the list of Key Managerial Personnel authorized to determine materiality and make disclosures to stock exchanges under SEBI (LODR) Regulations, 2015. Furthermore, the company approved the divestment of its entire investment in its wholly-owned subsidiary, Oban Fashions Private Limited, to a promoter group entity.

Key Highlights

  • Unaudited financial results for Q1 FY27 approved.
  • Rajat Arora appointed Company Secretary and Compliance Officer.
  • Revised list of KMPs authorized for disclosures approved.
  • Divestment of entire investment in Oban Fashions Private Limited approved.
  • Oban Fashions to cease being a subsidiary post-transfer.