Parmeshwari Silk Mills News

Parmeshwari Silk Mills Reports Q2 FY26 Financial Results with Revenue of Rs 47.30 Crore

Parmeshwari Silk Mills Limited announced unaudited financial results for the quarter and half year ended September 30, 2025, reporting revenue from operations of Rs 47.30 crore and net profit of Rs 15.52 crore for the quarter. The Board approved standalone and consolidated financial statements along with cash flow statements, with auditors noting emphasis matters regarding inventory verification, fire damage to machinery on April 1, 2025, and unavailability of bank statements for verification.

Parmeshwari Silk Mills Appoints Arshdeep Singh as Independent Director for Five-Year Term

Parmeshwari Silk Mills Limited's Board of Directors approved the appointment of Mr. Arshdeep Singh Bedi (DIN: 10804130) as Additional Director (Non-Executive, Independent) for a five-year term from August 12, 2025 to August 11, 2030, subject to shareholder approval. The 38-year-old appointee holds multiple qualifications in hospitality and tourism management, including a PhD. The Board also reconstituted its key committees: Audit Committee, Nomination and Remuneration Committee, and Stakeholder's Relationship Committee, with Mr. Khushvinder Bir Singh serving as Chairperson across all three committees. Singh Bedi will serve as a member of the Nomination and Remuneration Committee. The company noted various compliance reports for the quarter ended June 30, 2025, including corporate governance reports, investor complaints statements, and shareholding patterns.