Business Update5 May 2026, 01:43 pm
Sutlej Textiles Enters Technical Textiles Business
AI Summary
Sutlej Textiles and Industries Ltd has announced its entry into the technical textiles business. This decision was made during a Board of Directors meeting held on May 5, 2026, where the board also approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Additionally, Shri Alok Ohrie was appointed as an Additional Independent Director for a 5-year term, subject to shareholder approval.
Key Highlights
- Sutlej Textiles enters the technical textiles business to diversify its capabilities.
- Alok Ohrie appointed as Additional Independent Director for 5 years.
- Board approved audited financial results for the quarter and year ended March 31, 2026.
- The new business falls within the high-growth Technical Textiles segment.