Celebrity Fashions Limited Announces Plant Closure and New Company Secretary Appointment

1 min read     Updated on 29 Jul 2025, 11:15 PM
scanxBy ScanX News Team
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Overview

Celebrity Fashions Limited has announced the closure of its Vellanur manufacturing plant in Chennai, effective August 15, 2025. The plant, which contributed ₹43.84 crore (26.53%) to the company's total revenue last year, will have its operations merged with existing facilities in Tambaram. Additionally, Mr. S. Vivekanandan has been appointed as the new Company Secretary and Compliance Officer, effective July 29, 2025. These decisions were made during a board meeting on July 29, 2025.

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Celebrity Fashions Limited , a prominent player in the fashion industry, has made two significant announcements that are set to reshape its operations and corporate structure.

Strategic Plant Closure and Merger

The Board of Directors of Celebrity Fashions Limited has approved the closure of its manufacturing and washing plant located in Vellanur, Chennai. This facility, which contributed ₹43.84 crore to the company's turnover in the last financial year, representing 26.53% of the total revenue, is scheduled to cease operations on August 15, 2025.

In a strategic move, the company plans to merge the Vellanur plant's operations with its existing manufacturing facilities in Tambaram, Chennai. The decision, cited as a 'strategic consideration' by the company, aims to streamline operations and potentially improve efficiency.

Particulars Details
Facility Location No.14, Alamathi Road, Vellanur, Chennai – 600062
Contribution to Turnover ₹43.84 crore
Percentage of Total Turnover 26.53%
Closure Date August 15, 2025

New Company Secretary Appointment

In addition to the plant closure, Celebrity Fashions has announced a key appointment to its corporate leadership. Mr. S. Vivekanandan has been named as the new Company Secretary and Compliance Officer, effective July 29, 2025.

Mr. Vivekanandan brings valuable experience to his new role:

  • Associate Member of the Institute of Company Secretaries of India (Membership No: A75249)
  • Expertise in corporate laws and compliance functions, particularly for listed companies

This appointment is expected to strengthen the company's corporate governance and regulatory compliance efforts.

Board Meeting Details

These decisions were made during a board meeting held on July 29, 2025. The meeting, which commenced at 18:30 PM and concluded at 19:45 PM, addressed these significant changes in the company's structure and leadership.

Celebrity Fashions Limited's move to consolidate its manufacturing operations and bolster its corporate leadership team signals a focus on operational efficiency and regulatory compliance. As these changes unfold, stakeholders will be keenly watching how they impact the company's performance and market position in the competitive fashion industry.

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