Cedaar Textile Limited Appoints New Additional Director and Designates CEO as Compliance Officer
Cedaar Textile Limited has announced key appointments to strengthen its corporate governance structure, naming Mr Surendar Kumar Sood as an Additional Director and designating the company’s Chief Executive Officer as the designated Compliance Officer.The board of directors at a meeting held on July 24, 2026, approved the appointment of Mr Surendar Kumar Sood (DIN: 01091404) as an Additional Director. This role is Non-Executive and Independent, effective from July 24, 2026, for a period of five years, pending approval by members at the ensuing general meeting.
In addition to the board expansion, the company designated Mr Jay Prakash Singh, CEO, as the Compliance Officer under Regulation 6 of SEBI (LODR) Regulations 2015. This designation addresses a casual vacancy in the office of Company Secretary.
The appointments detail both personnel and expertise brought into the organization. The newly appointed Additional Director, Mr Sood, possesses extensive expertise in business management, strategic planning, and Market dynamics. Meanwhile, Mr Singh has demonstrated expertise spanning talent acquisition, organizational development, performance management, labor compliance, and corporate administrative operations.
Key details regarding the appointments are presented below:
| Particular | Appointment/Director Name | Reason for Change | Date of Appointment | Term Details |
|---|---|---|---|---|
| Compliance Officer | Mr Jay Prakash Singh | Appointment due to casual vacancy in Company Secretary office. | 24.07.2026 | N/A |
| Additional Director | Mr Surendar Kumar Sood (DIN: 01091404) | Appointment as an Additional Director (Non-Executive and Independent). | 24.07.2026 | 5 years, subject to AGM approval. |
Regarding disclosures, the company confirmed that there is no relationship between the appointed directors. Furthermore, Mr Surendar Kumar Sood has confirmed that he is not debarred from holding the office of Director by any order passed by SEBI or any other authority.
CEDAAR Stock Price Movement
Today, Cedaar Textile Limited shares edged higher by 1.40%, settling at ₹18.1 as the company closed for the day. The stock traded with a volume of 7,000 shares and maintained its value well above the annual low established at ₹17.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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