PBM Polytex Limited has approved the re-appointment of Mr. Mohan Kumar Patodia as Managing Director for a further term of three years. This reappointment will be effective from 1st April 2027 to 31st March 2030, subject to shareholder approval at the upcoming Annual General Meeting. Mr. Patodia brings over 50 years of experience in the textile industry, ensuring continued leadership and strategic direction for the company.
Leadership Continuity Ensured
The Board of Directors of PBM Polytex Limited, in a meeting held on 13th August 2026, has officially approved the re-appointment of Mr. Mohan Kumar Patodia as the Managing Director. This decision aims to ensure continued leadership and stability within the company’s management structure.
Extended Term and Shareholder Approval
Mr. Patodia’s reappointment is for a term of three consecutive years, commencing on 1st April 2027 and concluding on 31st March 2030. This extension is contingent upon the approval of the company’s shareholders, which will be sought during the ensuing Annual General Meeting. The Board highlighted that Mr. Patodia is eligible for this re-appointment, having previously been approved by shareholders for a term ending on 31st March 2027.
Brief Profile and Experience
Mr. Mohan Kumar Patodia brings a wealth of experience to his role, with over 50 years in the marketing of Cotton Yarn and other Textile Products. This extensive background is expected to guide PBM Polytex through its strategic initiatives and operational growth.
Disclosure of Relationships
Regarding disclosures, the company stated that none of the Directors or Key Managerial Personnel (KMP) are related to Mr. Mohan Kumar Patodia, with the exception of Mr. Krishan Kumar Patodia and Mr. Gopal Patodia. Furthermore, Mr. Patodia is not debarred from holding the office of Director by any SEBI order or any other such authority, confirming his compliance and eligibility.
Source: BSE
