GHCL Textiles Limited has announced significant changes in its board composition and committee structure, with Justice Ravindra Singh's tenure completion and the appointment of Mr. Alok Raj as Independent Director, both effective April 01, 2026.

Director Transition and Appointment

Justice Ravindra Singh (Retd.) completed his term as Independent Director on March 31, 2026, and ceased from directorship effective April 01, 2026. Simultaneously, Mr. Alok Raj was appointed as Independent Director through a special resolution passed via postal ballot on March 12, 2026.

Committee Reconstitution

Following these board changes, the company's Board of Directors approved the reconstitution of various committees through a circular resolution dated April 01, 2026. The restructuring ensures compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Nomination & Remuneration Committee (NRC)

Stakeholders Relationship Committee (SRC)

Risk Management Committee (RMC)

Corporate Social Responsibility (CSR) Committee

Current Board Composition

Following these changes, GHCL Textiles Limited's Board of Directors comprises 8 members across different categories, maintaining a balanced mix of independent and non-executive directors.

Regulatory Compliance

The company has filed the mandatory intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Lalit Narayan Dwivedi submitted the required documentation to both NSE and BSE. The disclosure documents are accessible through the websites of BSE Limited, National Stock Exchange of India Limited, and GHCL Textiles Limited's official website, ensuring transparency and stakeholder access to corporate governance updates.

GHCL Textiles Limited has disclosed that its Non-Executive Director Neelabh Dalmia acquired 4,100 equity shares of the company from the open market. The transaction took place on March 25, 2026, and was reported in compliance with SEBI regulations governing substantial acquisitions.

Share Acquisition Details

The acquisition represents a routine purchase by the director, who belongs to the promoter group of the company. The shares were purchased through open market transactions, demonstrating continued confidence in the company's prospects.

Shareholding Pattern Changes

Following the acquisition, Dalmia's shareholding in GHCL Textiles has been updated. Despite the increase in absolute number of shares, his percentage holding remains unchanged due to the relatively small size of the transaction compared to the company's total share capital.

Company Share Capital Structure

GHCL Textiles maintains a stable share capital structure with no changes resulting from this transaction. The company's shares are listed on both major Indian stock exchanges, providing liquidity for such transactions.

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires prompt disclosure of share acquisitions by promoters and persons acting in concert to ensure market transparency. The filing was submitted to both NSE and BSE on March 27, 2026, maintaining full compliance with regulatory requirements.