Akshar Spintex (AKSHAR) — Announcement

📢 Key Event
Independent Director Parshotam L. Vasoya's term ended on 22 August 2026

💡 Investor Takeaway
The board will seek a new independent director to maintain regulatory compliance.

Akshar Spintex Limited announced the end of Independent Director Parshotam L. Vasoya's term effective 22 August 2026, closing his tenure as mandated by SEBI regulations. The company expressed appreciation for his contributions and confirmed it will begin the search for a replacement to meet board composition rules, with any appointment to be disclosed promptly.

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About Akshar Spintex Limited (AKSHAR)

Textiles · Textiles · Listed on NSE

Market Cap: ₹33.07 Cr ROE: -6.3% ROCE: -5.3%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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