Soma Textiles & Industries Limited — Others, 07-02-2025: Change in Management

The Board of Directors of Soma Textiles & Industries Ltd. has confirmed the completion of Shri Malaybhai Harshad Bhai Shah's term as Non-Executive Independent Director, effective February 9, 2025. In his place, Shri Amit Nandkishore Shah has been appointed as an Additional Non-Executive Independent Director, starting February 10, 2025, pending shareholder approval. Amit brings over 45 years of experience in the textiles industry, which could enhance governance and operational oversight. This leadership change may foster a positive outlook among investors as the company continues to leverage experienced management in its strategic initiatives.