Board meeting on 02nd November, 2026 to consider Q2 results and 192 water jet looms at Unit 4
Borana Weaves has informed the exchanges that its Board of Directors will meet on Monday, 02nd November, 2026 at the Registered Office.
By ScoutQuest · · 2 min read
- Board meeting date
- Monday, 02nd November, 2026
- Financial results period
- quarter and six months ended September 30, 2026
- Capacity addition
- 192 Water Jet (WJ) Looms with ancillary machinery at Unit 4, commercial production targeted by March, 2027
What the notice says
Borana Weaves Ltd has informed BSE and NSE that a meeting of its Board of Directors is scheduled to be held on Monday, 02nd November, 2026 at the Registered Office of the Company. The notice sets out the business the board intends to transact.
Item 1: un-audited financial results
- The board will consider and approve the un-audited financial results of the company for the quarter and six months ended September 30, 2026.
- This covers both the three-month period and the six-month period ended on that date.
Item 2: expansion at Unit 4
- The board will consider and approve the installation of an additional 192 Water Jet (WJ) Looms, along with necessary ancillary machinery, at Unit 4.
- The company is targeting commercial production from this addition by March, 2027.
- The update sets out the number of looms and the production target; the money to be spent is not part of this notice.
How a reader can use this
- A board meeting notice tells you what will be decided on a given date. It does not by itself mean the decisions have been taken. On both items the update uses the words consider and approve, so the outcome will be known once the meeting is held.
- The results item is a routine quarterly update on how the business performed.
- The Unit 4 item is about adding machinery, which points to the company planning more production capacity, with first output targeted for March, 2027. The size of the investment, the funding plan and the expected revenue from these looms are not part of this notice.
In short
A scheduled board meeting on 02nd November, 2026 with two agenda items: the September-quarter numbers, and a planned addition of 192 Water Jet (WJ) Looms at Unit 4.
Also from Borana Weaves
Further Delay in Commissioning of 9.9 MW Hybrid Power Project; Phased Schedule Now Runs to December 2026
30 Sep 2026
Secretarial Auditor Appointed for Five Years at AGM
30 Sep 2026
More numbers
- Additional Water Jet (WJ) Looms proposed at Unit 4192 Water Jet (WJ) Looms
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