Acknit Industries Ltd — Important, 14-07-2026: Company Update

Acknit Industries' Board has approved significant changes to its independent director composition. Mr. Tushar Jhunjhunwala and Mr. Amitava Mazumder have been appointed as new Additional Non-Executive Independent Directors, each for a five-year term. The Board also approved the re-appointment of Mr. Shankar Lal Bajaj as an Independent Director for a second five-year term. These appointments and re-appointments are contingent on shareholder approval. The company confirms all these directors are eligible to hold office, enhancing the board with diverse experience across finance, real estate, logistics, accounts, and taxation.