Corporate Governance25 May 2026, 06:22 pm
Suryalakshmi: Dhruv Vijai Singh Completes Tenure as Director
AI Summary
Suryalakshmi Cotton Mills Ltd announced that Independent Director Dhruv Vijai Singh will complete his tenure on July 27, 2026. Additionally, the board approved the appointment of Venkata Phani Kiran Kumar Immaneni as an Additional Director (Non-Executive and Independent) for a 5-year term starting July 27, 2026, subject to shareholder approval. The board also approved the audited financial results for FY26 and re-appointed internal, cost, and tax auditors.
Key Highlights
- Dhruv Vijai Singh's term as Independent Director ends July 27, 2026.
- Venkata Phani Kiran Kumar Immaneni appointed as Additional Director, effective July 27, 2026.
- Audited financial results for FY26 approved with an unmodified audit opinion.
- No dividend recommended on equity shares for FY 2025-26.
- Re-appointment of internal, cost, and tax auditors approved for FY 2026-27.
Price Impact
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