HISAR — Textile manufacturer HP Cotton Textile Mills Limited has received shareholder approval for the re-appointments of Raghavkumar Agarwal and Vikram Sumatilal Sheth to its Board of Directors.
The resolutions were passed at the company’s Annual General Meeting (AGM), reinforcing leadership continuity across its executive and independent governance tiers.
Key Highlights of the Board Re-Appointments
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Raghavkumar Agarwal: Re-appointed as Director retiring by rotation. He continues in his operational capacity as Whole-Time Director, Chief Executive Officer (CEO), and Chief Financial Officer (CFO).
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Vikram Sumatilal Sheth: Re-appointed as a Non-Executive Independent Director for a second consecutive five-year term.
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Effective Date for Independent Tenure: Sheth’s new five-year tenure takes effect on April 30, 2027, running through April 29, 2032.
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Regulatory Compliance: Approvals were processed via remote e-voting and shareholder resolutions in accordance with SEBI (LODR) Regulations and the Companies Act, 2013.
