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AGM/EGM18 Sept 2026, 05:50 pm

Sambandam Spinning Mills Appoints/Re-appoints 5 Non-Executive Independent Directors

AI Summary

Sambandam Spinning Mills Ltd announced changes in its board composition following its 52nd Annual General Meeting (AGM) held on September 18, 2026. The company appointed or re-appointed five Non-Executive Independent Directors. S. Bhaskaran was re-appointed for a second term of three years. TCA Srinivasa Prasad and S. Prakash were appointed as Non-Executive Independent Directors for their first three-year term. D. Balasundaram and Dr. V. Sekar completed their second and final terms, respectively, and are no longer serving in their roles. All directors confirmed they are not related to any Key Managerial Personnel and are not debarred from holding directorships.

Key Highlights

  • Five Non-Executive Independent Directors appointed or re-appointed.
  • S. Bhaskaran re-appointed for a second three-year term.
  • TCA Srinivasa Prasad and S. Prakash appointed for first terms.
  • D. Balasundaram and Dr. V. Sekar completed their tenures.
  • All directors confirmed independence and compliance with regulations.