Borana Weaves Limited (BORANA) — Announcement | 26 August 2026

Borana Weaves Limited announced the outcome of its board meeting on 11 August 2026, approving unaudited Q1 results, an expansion project at Unit 4 with 192 water jet looms and 3 texturizing machines to be funded internally and ready by December 2026, material related party transactions, revised director remuneration increases subject to shareholder approval, convening the 6th AGM on 29 September 2026 via VC, appointing K. Dalal & Co. as secretarial auditor for five years, and reappointing KSA & Co. as statutory auditors for five years. The board also approved the directors' report and corporate governance report for FY2026.