Borana Weaves Limited Approves Change in Registered Office and Key Managerial Personnel Transition
Borana Weaves Limited announced key operational updates following a Board of Directors meeting held on June 1, 2026. During the meeting, the board considered and approved significant changes regarding the company’s key managerial personnel and its official registered office address.The Board of Directors formally approved the resignation of Ms. Seema Luniya from the position of Company Secretary and Compliance Officer, who serves as Key Managerial Personnel (KMP). Ms. Luniya's resignation is attributed to an opportunity for career growth and professional advancement. The cessation of her role was effective from the close of working hours on June 1, 2026.
Details of the key managerial personnel change are outlined below:
| Particulars | Details |
|---|---|
| Role | Company Secretary and Compliance Officer (KMP) |
| Individual | Ms. Seema Luniya |
| Reason for Change | Opportunity for career growth and professional advancement |
| Cessation Date | June 1, 2026 |
In addition to the personnel change, the Board of Directors approved a change of the company’s registered office. The registered office is moving from its previous location to a new address within Surat.
The previous registered office address was:
'Plot No AA/34, B 16/16, Hojiwala Industrial Estate, SUSML, Sachin, Surat, Gujarat, 394230.'
The new registered office address is:
'Plot No. B-5/3, B-5/4, B-5/5, B-5/6, B-5/7, B-5/7/1, Road No. 9, Hojiwala Estate, Sachin Udhyog Nagar Sahkari Mandli Ltd., Sachin, Surat - 394230, Gujarat.'
The company issued the update through Ankur Mangilal Borana, Executive Director and Chief Executive Officer, confirming the board's approval of both the transition of the Company Secretary and the relocation of the registered corporate office.
BORANA Stock Price Movement
Today, Borana Weaves Limited shares edged higher to close at ₹330.55, marking a strong gain of 3.50% for the day. The stock traded between a low of ₹320.6 and a high of ₹334.5, completing its movement on a volume of 33,944 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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