Eastern Silk Industries Appoints New CFO and Approves Internal Auditor for 2026-27
The Board of Directors of Eastern Silk Industries Ltd has appointed a Chief Financial Officer (CFO) and approved an Internal Auditor, ensuring robust financial governance and oversight. The company also designated key managerial personnel responsible for determining the materiality of events and information.Mr. Aayush Goel has been appointed as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective July 01, 2026. Mr. Goel is a qualified Chartered Accountant with extensive experience in Finance and Account. His expertise includes designing and implementing internal financial systems, strengthening process controls, and driving organizational financial efficiency. He possesses strong capabilities in feasibility studies, strategic financial planning, policy formulation, and establishing effective financial and operational control mechanisms. Furthermore, his skills encompass Profit & Loss (P&L) management, risk assessment and mitigation strategies, Internal Audit, Corporate Finance, Taxation, Regulatory Compliance, and Financial Reporting.
In addition to the CFO appointment, Mr. Dilip Shah has been approved as the Internal Auditor for Eastern Silk Industries Ltd for the Financial Year 2026-27. Mr. Shah is a Chartered Accountant with extensive experience in internal audit and Internal Financial Controls. The appointment of Mr. Shah is effective from June 27, 2026.
Details pertaining to the CFO and KMP appointment are summarized below:
| Event | Particulars |
|---|---|
| Reason for change | Appointment of Mr. Aayush Goel as Chief Financial Officer & Key Managerial Personnel. |
| Date of appointment/term | Effective from July 01, 2026. |
| Brief profile | Qualified Chartered Accountant with rich experience in Finance and Account; possesses strong capabilities in risk assessment, strategic financial planning, and Internal Audit. |
Similarly, the details regarding the selection of the Internal Auditor are provided here:
| Event | Particulars |
|---|---|
| Reason for change | Appointment of Mr. Dilip Shah as Internal Auditors for the F.y. 2026-2027. |
| Date of appointment/term | Effective from June 27, 2026. |
| Brief profile | Chartered Accountant with extensive experience in internal audit and Internal Financial Controls. |
Key Managerial Personnel for Materiality Determination
The Board of Directors has also authorized a designated group of personnel to determine the materiality of events or information and carry out necessary disclosures to stock exchanges under related regulations. These individuals are effective starting July 01, 2026.| S No | Name & Designation | Effective Date |
|---|---|---|
| 1 | Mr. Sunil Kumar, Executive Director | 01.07.2026 |
| 2 | Mr. Aayush Goel, Chief Financial Officer | 01.07.2026 |
| 3 | Mr. Nitin Dubey, Company Secretary | 01.07.2026 |
EASTSILK Stock Price Movement
Shares of Eastern Silk Industries Limited on Thursday slipped by 3.15% to settle at ₹48.88. The stock traded a volume of 621 shares during the session, reflecting the downward movement across the previous trading day.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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