CLC Industries Limited (formerly Spentex Industries Limited) announced the outcome of its Board Meeting held on January 22, 2026. The Board approved the Audited Standalone financial results for the quarter and nine months ended December 31, 2025, along with the Independent Auditor's Report and a statement on the impact of audit qualifications. A CFO certificate pursuant to Regulation 33(2)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was also provided, certifying the accuracy of the financial results. Furthermore, the Board noted the re-classification of new promoters as per Regulation 31(A)(9) of SEBI (LODR), 2015, and in line with the NCLT order dated May 12, 2023. This re-classification follows the successful implementation of a Resolution Plan submitted by the consortium of Manjeet Cotton Private Limited and Vitthal Corporation Limited. The new promoters, led by Manjeet Cotton Private Limited, now collectively hold 95.00% of the company's equity share capital. The announcement also detailed the outgoing erstwhile promoters and promoter group. Following the completion of all corporate actions, the company has submitted applications to the stock exchanges for the resumption of trading of its equity shares. The Board meeting commenced at 1:00 PM and concluded at 3:33 PM.
