Indian Card Clothing Company Limited — Board Meeting, 11-11-2024: Outcome of Board Meeting

The Board has approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2024, highlighting a revenue from operations of ₹1,779.13 crore for the half-year. Ms. Shivangi Kishore Kanvinde has been appointed as an Additional Independent Director, pending shareholder approval via a Postal Ballot. The Board also noted the cessation of Dr. Sangeeta Pandit's term effective November 12, 2024, after five years. The results reflect ongoing challenges in the Textile sector, with a revenue drop of 25% noted in the Carding Business compared to the previous half-year.