Shanti Spintex Ltd — Board Meeting, 09-05-2025: Board Meeting

Shanti Spintex Limited has announced a board meeting that approved the audited financial results for the half year and financial year ended March 31, 2025. The board reviewed CSR spending, compliance certificates, and disclosures from directors. It approved investing in and acquiring 100% equity shares of Teesta Spintex Private Limited, making it a wholly owned subsidiary. Related party transactions linked to this acquisition were also approved, along with authorization for executing the Share Purchase Agreement and necessary filings. The internal audit report for the financial year was taken note of. This acquisition expands Shanti Spintex’s operational scope.