Three Independent Directors of Osiajee Texfab Limited Resign, Three New Appointed
Osiajee Texfab Board Approves Director Resignations
At its Board meeting held on August 24, 2026, Osiajee Texfab approved the resignations of three Non-Executive Independent Directors: Ms. Sunita Devi (DIN: 10697874), Mr. Ankur Verma (DIN: 10298199), and Mr. Akash Rai (DIN: 10299049).
All three resignations took effect on August 24, 2026. According to the company's disclosure, the directors resigned due to personal reasons, with no other material reason cited.
The company also stated that none of the three outgoing directors held directorships in any other listed entity.
The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Osiajee Texfab Appoints Three New Independent Directors
Following the resignations, the Board approved the appointment of three Additional Directors in the Non-Executive Independent category, each for a five-year term beginning August 24, 2026, subject to shareholder approval:
Ms. Dolly Seth (DIN: 11896763), a professional with experience in corporate affairs, management, finance, compliance, and governance.
Ms. Gurmeet Kaur (DIN: 11621231), an MBA with a background in accountancy and finance.
Mr. Karan Kumar (DIN: 11897580), a finance and accounts professional with experience in accounting and financial reporting.
All three appointments are subject to shareholder approval at the ensuing general meeting.
Osiajee Texfab Committee Reconstitution
Following the director changes, the Board reconstituted its three key committees effective August 24, 2026:
Audit Committee: Ms. Gurmeet Kaur (Chairperson), Ms. Reema Saroya, Mr. Karan Kumar.
Nomination and Remuneration Committee: Ms. Gurmeet Kaur (Chairperson), Ms. Vibha Jain, Ms. Dolly Seth.
Stakeholders Relationship Committee: Ms. Vibha Jain (Chairperson), Ms. Gurmeet Kaur, Ms. Reema Saroya.
AGM Scheduled for September 29
The company has approved the holding of its 31st Annual General Meeting on September 29, 2026, through video conferencing / other audio-visual means.
The Board has also appointed M/s JPM & Associates LLP as the scrutinizer for the e-voting process relating to the AGM.
Osiajee Texfab Board Meeting Highlights
- Company: Osiajee Texfab Limited
- Board Meeting: August 24, 2026
- Resigning Directors: Ms. Sunita Devi, Mr. Ankur Verma and Mr. Akash Rai
- Effective Date of Resignation: August 24, 2026
- Reason for Resignation: Personal reasons, with no other material cause disclosed.
- New Appointments: Ms. Dolly Seth, Ms. Gurmeet Kaur and Mr. Karan Kumar appointed as Additional Directors (Non-Executive, Independent) for a five-year term.
- Effective Date of Appointment: August 24, 2026, subject to shareholder approval.
- Committee Reconstitution: Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee reconstituted with effect from August 24, 2026.
- 31st AGM: Scheduled for September 29, 2026, through VC/OAVM.
- Scrutinizer: M/s JPM & Associates LLP appointed for the e-voting process.
What to Watch Next
Investors may track shareholder approval of the three new Additional Directors at the ensuing AGM on September 29, 2026.
Investors can monitor further disclosures on the AGM notice and Director's Report for FY 2025-26.
Disclaimer
Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Choice Equity Broking Private Limited: SEBI Reg No. Broking - INZ000160131 ( BSE - 3299 ) | ( NSE - 13773 ) | ( MSEI - 73200 ) | ( MCX - 40585 ) | ( NCDEX - 01006 ). Depository Participant SEBI Reg. No. - IN - DP - 84 - 2015, DP ID CDSL - 12066900, NSDL ID - IN301895. Research Analyst - INH000000222 (CIN. NO.: U65999MH2010PTC198714)
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