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Soma Textiles & Industries Ltd ( (IN:SOMATEX) ) has issued an update.
Soma Textiles & Industries Ltd has announced the appointment of two new non-executive independent directors, Mrs. Sunita Gangadhar Jamkhande and Mrs. Archana Dheeraj Sonaikar, following changes in the company’s shareholding and management control due to a successful open offer. These appointments come after the resignation of the existing independent directors, creating vacancies on the board. The appointments are in compliance with the Companies Act, 2013, and SEBI regulations, and are subject to the approval of the company’s members.
More about Soma Textiles & Industries Ltd
Soma Textiles & Industries Ltd operates in the textiles industry, focusing on manufacturing and distributing textile products. The company is based in India with offices in Kolkata, Mumbai, and Ahmedabad.
Average Trading Volume: 15,991
Technical Sentiment Signal: Buy
Current Market Cap: 5.16B INR
For a thorough assessment of SOMATEX stock, go to TipRanks’ Stock Analysis page.