Eastern Silk Industries Limited has appointed Mr. Aayush Goel as its Chief Financial Officer and Key Managerial Personnel effective July 1, 2026. The Board of Directors approved the appointment based on recommendations from the Nomination and Remuneration Committee and the Audit Committee. Additionally, the Board appointed Mr. Dilip Shah as the Internal Auditor for the financial year 2026-27 in terms of Section 138 of the Companies Act, 2013.

Mr. Aayush Goel is a qualified Chartered Accountant with extensive experience in finance, accounts, and internal financial systems. His expertise includes designing process controls, strategic financial planning, and risk assessment. He is skilled in internal audit, corporate finance, taxation, and regulatory compliance, with a strong understanding of Corporate Accounting Standards and Corporate Laws.

Mr. Dilip Shah, appointed as Internal Auditor effective June 27, 2026, is a Chartered Accountant with significant experience in internal audit and internal financial controls. The appointments align with the disclosures required under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015.

Key Appointments

The Board has also authorized specific Key Managerial Personnel to determine the materiality of events or information for necessary disclosures to the stock exchanges. This authorization is pursuant to Regulation 30(5) of the SEBI Listing Regulations and the company's policy for determining materiality.

Eastern Silk Industries Ltd announced that Mr. Sunil Kumar has resigned from the position of Chief Financial Officer (CFO), effective from the close of business hours on June 30, 2026. He will, however, continue to serve the company in the capacity of Executive Director. The decision allows him to devote greater focus towards strategic, business development, and operational areas.

The company stated that the resignation was submitted to enable a restructuring of responsibilities, ensuring the finance function is led by a dedicated professional. Mr. Kumar expressed his intention to continue contributing to the company's growth from a broader perspective in his role as Executive Director. There are no material reasons for the resignation other than those stated in his letter.

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the resignation letter has been enclosed and filed with the necessary authorities, including the Registrar of Companies.

Details of the Change

The following table outlines the specifics of the managerial change as per the regulatory filing:

Mr. Kumar thanked the Board and Management for the trust and opportunities provided during his tenure as CFO. The company has acknowledged the receipt of the resignation and will undertake the necessary statutory filings.