Akshar Spintex Limited — Board Meeting, 07-03-2025: Outcome of Board Meeting

The Board has announced a meeting outcome highlighting the resignation of Mr. Amit Vallabhbhai Gadhiya as Managing Director and Mr. Nirala Indubhai Joshi as Independent Director, both effective immediately. Both directors confirmed no material reasons for their resignations beyond those in their letters. This change may impact the company's leadership dynamics but does not indicate any immediate financial distress. Investors should monitor for potential future appointments to these roles and any ensuing strategic shifts.