Amarjothi Spinning Mills: Re-appoints Directors, MD for 5 Years
Amarjothi Spinning Mills Ltd has announced changes in its management structure. Sri. N. Radhakrishnan has been re-appointed as a Non-Executive Non-Independent Director, retiring by rotation, for a period of 1 year until the conclusion of the next AGM in 2027. Additionally, Sri. R. Premchander has been re-appointed as the Managing Director for a further period of 5 years, commencing September 1, 2026, subject to shareholder approval. Sri. R. Jaichander has also been re-appointed as the Whole Time Director for a period of 5 years, commencing December 1, 2026, also subject to shareholder approval. All re-appointments are in accordance with the Companies Act, 2013, and the company's Articles of Association.
Key Highlights
- Sri. N. Radhakrishnan re-appointed as Director for 1 year.
- Sri. R. Premchander re-appointed as MD for 5 years.
- Sri. R. Jaichander re-appointed as Whole Time Director for 5 years.
- Shareholder approval required for MD and Whole Time Director re-appointments.
- No directors are debarred by SEBI or other authorities.
Price Impact
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