Akshar Spintex Board Clears Postal Ballot to Ratify Director Appointments and Pay

Akshar Spintex Ltd. ( (IN:AKSHAR) ) has issued an announcement.

Akshar Spintex Ltd.’s board, at its 19 January 2026 meeting, approved a postal ballot process to seek shareholder approval via remote e-voting for ratifying the appointment of Bhavin Jayantibhai Kothiya as a non-executive independent director and for re-seeking approval of the appointment and remuneration of executive director Harry Paghadar. To facilitate this process and ensure regulatory compliance and transparency, the board also appointed Bigshare Services Pvt. Ltd. as the e-voting agency and engaged practising company secretary Dipali Vora as scrutinizer to oversee the remote e-voting and provide a formal scrutinizer’s report, underscoring the company’s focus on formalizing board composition and remuneration through shareholder consent.

More about Akshar Spintex Ltd.

Akshar Spintex Ltd. is an Indian textile company engaged in the spinning segment, operating from its registered office in Jamnagar, Gujarat. The company is listed on both BSE and NSE under the scrip code 541303 and Akshar, respectively, and is subject to SEBI’s listing and disclosure regulations as a publicly traded entity.

Average Trading Volume: 124,017

Technical Sentiment Signal: Strong Sell

Current Market Cap: 393.7M INR

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