Yarn Syndicate Appoints Burhanuddin Lokhandwala as Director

Yarn Syndicate Ltd. has appointed Mr. Burhanuddin Hakimuddin Lokhandwala as an Additional Non-Executive and Independent Director, effective May 25, 2026. This decision was based on the recommendation of the Nomination and Remuneration Committee. The company also announced the re-constitution of its Audit Committee and Nomination and Remuneration Committee, detailing the members and their designations. Mr. Lokhandwala's appointment is for a term of 5 years, subject to shareholder approval. The company affirms that Mr. Lokhandwala is not debarred from holding the office of director by any SEBI order or other authority.