Company UpdateChange in Management
Morarjee Textiles Ltd - 532621 - Announcement under Regulation 30 (LODR)-Change in Management
Board appointments
- Three directors appointed pursuant to the approved resolution plan.
- Effective date for all appointments: 4 June 2026.
- Mr. Govind Gopal Rathi appointed as Non-Executive Director.
- Reason: appointment under NCLT-approved resolution plan.
- Profile: commerce graduate with 20+ years in cotton, textile, and allied industries.
- No relationship with other directors disclosed.
- Mr. Pravin Ratanlalji Jain appointed as Non-Executive Director.
- Profile: first-generation entrepreneur with businesses in real estate, manufacturing, IT, and trading.
- Mr. Sandeep Ramesh Joshi appointed as Non-Executive Director.
- Profile: commerce graduate with experience in business management, industrial operations, and factory compliance.
- Company stated all appointees are not disqualified and have active DINs.