Shri Dinesh Mills Ltd Board Approves Unaudited Financial Results

Shri Dinesh Mills Ltd announced that its Board of Directors met on August 12, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. Both standalone and consolidated results, along with limited review reports from statutory auditors R. K. Doshi & Co. LLP, were approved. The board also constituted a Committee of Independent Directors. Additionally, the board noted the promoter's disclosure regarding a Family Settlement Agreement and granted in-principle approval for the demerger of the FELT business into a separate entity, subject to regulatory approvals. Segregation of FELT and Residual Businesses was also approved.