Management Change1 Sept 2026, 12:19 pm
Suryalata Spinning Mills: Director Appointments & Reappointments Approved
AI Summary
Suryalata Spinning Mills Ltd has announced key management changes following its Annual General Meeting (AGM) held on August 24, 2026. Sri. Gautam Damodar Sawang was appointed as an Additional Director (Non-Executive Independent) for a five-year term from May 25, 2026, to May 24, 2031. This appointment was subsequently approved by the company's members at the AGM. Additionally, Sri. Meka Yugandhar's continuation as a Non-Executive Independent Director was also approved by the members at the AGM, with his current tenure extending up to June 28, 2029.
Key Highlights
- Gautam Damodar Sawang appointed as Additional Non-Executive Independent Director.
- Sawang's tenure is for 5 years, effective May 25, 2026.
- Meka Yugandhar to continue as Non-Executive Independent Director.
- Yugandhar's tenure extended until June 28, 2029.
- Both appointments/continuations were approved at the AGM on August 24, 2026.
Price Impact
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