Intimation for cessation of Mr. Venkata Prasad Kuppam and Mr. Narasimha Rao Mandumula as Independent Directors on completion of their second tenure
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Awaiting price reaction for this filing.
Aditya Spinners Ltd has informed the stock exchanges that two Independent Directors — Mr. Venkata Prasad Kuppam (DIN: 01853455) and Mr. Narasimha Rao Mandumula (DIN: 06763347) — ceased to be on the board with effect from the close of business hours on 18 September 2025. Both directors had completed their second and final five-year term as Independent Directors. The Board recorded its appreciation for their contributions during their tenure. The filing was made under SEBI LODR Regulation 30 read with Schedule III, with the required disclosures enclosed as Annexure-A.
This is a routine, end-of-tenure exit and not a sudden resignation. It is largely neutral for shareholders, though the company will need to fill two independent director seats in due course to maintain board composition compliance.