ImportantCompany Update
Indo Cotspin's board approved key leadership adjustments: re-appointing Sanil Aggarwal and Arpan Aggarwal as Whole-time Directors for five years, and Bal Kishan Aggarwal as Managing Director for five years.
Indo Cotspin Ltd538838 · Filed with the exchange
Raj Pal Aggarwal will transition to a Non-Executive Director role.
These director changes require shareholder approval.
The board also approved re-appointing internal and secretarial auditors, and appointing Manish Jain & Associates as statutory auditors.
Both secretarial and statutory auditor appointments, alongside proposals to increase borrowing limits to Rs. 50 Cr and authorize asset sales to a related party, are subject to shareholder consent.
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