Cravatex Ltd

📊 Cravatex Ltd Seeks Shareholder Approval for CFO Re-appointment

• Mr. Divakar G. Kamath proposed for re-appointment as Executive Director and CFO

• Term: April 1, 2026 to March 31, 2029

• Annual remuneration: Up to ₹42.70 lakhs

• Age consideration: Mr. Kamath will turn 70 in June 2026, requiring special resolution approval

• Company financials: Paid-up capital ₹258.42 lakhs, reserves and surplus ₹1,891.90 lakhs (2024-25), profit before tax ₹539.05 lakhs

• Electronic voting period: April 29, 2026 to May 28, 2026 via NSDL

• Results announcement: May 29, 2026