Vishal Fabrics has informed that the Board of Directors of the Company at their Meeting held on today and on the basis of recommendation made by Nomination & Remuneration Committee of Company, has approved the appointment of Vinay Thadani, as Chief Executive Officer (CEO) of the Company also designated as Key Managerial Personnel of the Company in terms of Section 203 of Companies Act, 2013 and rules made thereunder read with Listing Regulations with effect from May 19, 2022. Further details required as under Regulation 30 of Listing Regulations read with Schedule III and SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 are enclosed.
The above information is a part of company’s filings submitted to BSE.