Eastern Silk Industries Limited
Incorporated in 1946, Eastern Silks Ltd manufactures silk fabrics and other related textile products
What Eastern files
- Others53
- Important18
- Board Meeting11
- QIP/Rights/Pref.4
- Dividend/Bonus3
- Updates2
Eastern Silk Industries reported a FY26 net loss of ₹13.60 Cr, though revenue grew slightly. Post-NCLT, it completed equity restructuring. The company seeks approval for ₹2,000 Cr in group investments/loans, a ₹35 Cr corporate guarantee for its holding company, and a ₹50 Cr promoter loan for ops. Public shareholding reached...
Eastern Silk finalized NCLT-approved capital restructuring. FY26 saw a net loss of ₹13.60 Cr, contrasting with prior year's profit. Major proposals include a ₹35 Cr corporate guarantee for its holding company, raising investment limits to ₹2,000 Cr, and a ₹50 Cr promoter loan convertible to equity. Also seeking approval for...
Company completed its NCLT resolution, resulting in new equity and significantly lower bank debt. Public shareholding reached 10% via OFS. It also secured a ₹35 Cr corporate guarantee for its holding firm and a ₹50 Cr director loan, convertible to equity. However, FY26 posted a ₹13.60 Cr net loss.
Eastern Silk Industries appointed Mr. Aayush Goel as its new Chief Financial Officer and Key Managerial Personnel. Mr. Dilip Shah was also appointed as Internal Auditor for the upcoming fiscal year. These board-approved changes, following committee reviews, aim to strengthen financial leadership, internal controls, and corporate governance.
EASTSILK has received ISO certifications for its Quality, Environmental, and Occupational Health & Safety management systems. This highlights the company's commitment to international standards and sustainable practices in yarn and fabric manufacturing.