Sutlej Textiles accepts Jitender Kumar resignation as VP Raw Materials

[Sutlej Textiles and Industries Ltd](sutlej textiles & industries) has accepted the resignation of Jitender Kumar from the position of Vice President - Raw Materials. The resignation is effective from the close of business hours on July 17, 2026. Kumar resigned to pursue better career prospects and ceased to be in the employment of the company from July 18, 2026.

The disclosure was made to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that the resignation letter has been attached to the filing.

Details of the Change

The company provided specific details regarding the change in senior management personnel as prescribed under the regulations.

Sr. No.	Particulars	Details
1.	Name	Shri Jitender Kumar
2.	Reasons for Change	Resignation
3.	Date of Resignation	w.e.f. 17th July, 2026
4.	Brief Profile	N.A.
5.	Disclosure of relationships between directors	N.A.

The filing was signed by Manoj Vinod Contractor, Company Secretary and Compliance Officer of Sutlej Textiles and Industries Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.10%	-3.22%	-0.97%	+40.02%	-13.12%	-48.51%

Sutlej Textiles and Industries Limited has issued the notice for its 21st Annual General Meeting, scheduled for July 27, 2026, via video conferencing. The company reported its financial results for the year ended March 31, 2026, showing a significant improvement in operational performance with EBITDA rising 24.88% to ₹85.14 crore, even as it continued to report a net loss. The meeting will consider the adoption of financial statements and the ratification of the appointment of Cost Auditors, along with the appointment of Mr. Alok Ohrie as an Independent Director.

Financial Performance

The standalone financial results for FY 2025-26 highlight a turnaround in operational efficiency. EBITDA surged to ₹85.14 crore from ₹68.18 crore in the previous year, driven by improved margins. Revenue from operations stood at ₹2,565.68 crore, a marginal decline from ₹2,642.36 crore in FY 2024-25. The company reported a net loss of ₹79.85 crore for the year, narrowing from the loss of ₹84.20 crore in the prior year.

Metric	FY 2025-26	FY 2024-25
Revenue from Operations	₹2,565.68 crore	₹2,642.36 crore
Total Income	₹2,584.64 crore	₹2,664.97 crore
EBITDA	₹85.14 crore	₹68.18 crore
Net Loss	₹79.85 crore	₹84.20 crore
EPS (Basic & Diluted)	₹(4.87)	₹(5.14)

The improvement in EBITDA margins, which expanded to 3.32% from 2.58%, was supported by a steady sequential performance across quarters. Total borrowings were at ₹876 crore as of March 31, 2026, excluding subordinated debt.

AGM and Board Proposals

The 21st Annual General Meeting is scheduled for July 27, 2026, at 3.00 p.m. via video conferencing. The agenda includes the adoption of standalone and consolidated financial statements for FY 2025-26. Shareholders will vote on the ratification of the appointment of M/s. K. G. Goyal & Associates as Cost Auditors for FY 2026-27.

Parameter	Details
Meeting Type	21st Annual General Meeting
Date	July 27, 2026
Time	3.00 p.m.
Mode	Video Conferencing / Other Audio Visual Means
Remote E-Voting Period	July 23, 2026 (9:00 am) to July 26, 2026 (5:00 pm)
Scrutinizer	Mr. Rajendra Chouhan, M/s. CSM & Co.

Shareholders will also vote on the appointment of Mr. Alok Ohrie as an Independent Director for a term of five years commencing from May 5, 2026. Mr. Ohrie, a seasoned industry leader with over three decades of experience in the IT sector, was appointed as an Additional Director on May 5, 2026. The remote e-voting period commences on July 23, 2026, and ends on July 26, 2026.