Garment Mantra Lifestyle Ltd — Others, 17-04-2025: AGM/EGM

Garment Mantra Lifestyle Limited has announced a board meeting on 10 May 2025 to address the reappointment of Mr. Prem Aggarwal as Managing Director for a five-year term starting from 23 March 2025, with a monthly remuneration not exceeding ₹1.5 crore. Additionally, Mrs. Shikha Aggarwal is set for reappointment as Whole-Time Director under the same term conditions but with a monthly cap of ₹1 crore. Furthermore, Mr. S. Babu's appointment as Independent Director will be regularized for five years from the meeting date. This governance stability may positively influence investor sentiment, reflecting a committed leadership team focused on long-term performance.