Board Meeting25 May 2026, 07:41 pm
Yarn Syndicate Appoints Burhanuddin Lokhandwala as Director
AI Summary
Yarn Syndicate Ltd's board meeting on May 25, 2026, approved the appointment of Mr. Burhanuddin Hakimuddin Lokhandwala as an Additional Non-Executive and Independent Director, effective the same date. The board also reconstituted the Audit Committee and the Nomination and Remuneration Committee, with changes in membership and leadership roles. Mr. Lokhandwala's appointment is subject to shareholder approval and is for a term of 5 years.
Key Highlights
- Burhanuddin Lokhandwala appointed as Additional Non-Executive Independent Director.
- Audit Committee and Nomination & Remuneration Committee re-constituted.
- Nidhi Bansal chairs both Audit and Nomination & Remuneration Committees.
- Appointment effective May 25, 2026, subject to shareholder approval.
Price Impact
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