Cedaar Textile Ltd

Cedaar Textile Management Change

Cedaar Textile Limited has appointed M/s. P.S. Bathla & Associates as the new Secretarial Auditor, replacing the outgoing auditor M/s. B.K. Gupta & Associates.

Cedaar Textile Other Announcement

Cedaar Textile Limited received approval from the Registrar of Companies, Karnataka, to extend the deadline for holding its Annual General Meeting to 31st October, 2026.

Cedaar Textile Board Meeting Outcome

Cedaar Textile Limited appointed a new Compliance Officer and a Non-Executive Independent Director, as approved in the board meeting held on July 24, 2026.

Cedaar Textile Management Change

Cedaar Textile Limited appointed Mr. Surendar Kumar Sood as an Additional Director (Non-Executive and Independent). Additionally, Mr. Jay Prakash Singh was designated as the Company's Compliance Officer.

Cedaar Textile Management Change

Anushka Jain has resigned as Company Secretary and Compliance Officer of Cedaar Textile Limited. The resignation is effective from June 30, 2026, due to personal reasons.

Cedaar Textile H2 FY26 Results: Net Loss of ₹75.2 Cr

Cedaar Textile Ltd reported revenue from operations of ₹81.8 Cr (-36.5% YoY) and a net loss of ₹75.2 Cr for H2 FY26.

Key figure

Net loss ₹75.2 Cr

Cedaar Textile Financial Results

Cedaar Textile Limited approved its audited FY26 financial results. The auditors issued a disclaimer of opinion due to missing records and an ₹84 Crore inventory write-down.

Cedaar Textile Board Meeting Date

Cedaar Textile Limited scheduled a board meeting on May 30, 2026, to approve audited annual standalone financial results. The trading window remains closed until June 2, 2026.

Cedaar Textile Price Movement Clarification

Cedaar Textile Limited clarified to the NSE regarding recent stock price movements, stating it has disclosed all price-sensitive information. The company attributed the price/volume behavior to market forces rather than undisclosed corporate developments, maintaining transparency with investors.

Cedaar Textile Management Change

Cedaar Textile Limited redesignated Virender Goyal and Monnappa Nachappa Bachangada as Whole Time Directors for five-year terms. Additionally, the company appointed H B Kalaria & Associates as statutory auditors for a five-year tenure. These leadership and advisory changes aim to strengthen operational oversight and corporate governance.

Execution

5 years

Cedaar Textile Board Meeting Outcome

Cedaar Textile Limited's board approved the redesignation of Mr. Virender Goyal and Mr. Monnappa Nachappa Bachangada as Whole-time Directors for five-year terms. The board also appointed M/s H B Kalaria & Associates as statutory auditors for five years and reconstituted its Management Committee to streamline functional oversight.

Execution

5 years