Intimation of appointment of Sri Siva Kumar Ramaswami as Additional (Independent) Director of the Company w.e.f 1st June, 2025 for a period of five years subject to approval of members
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Aditya Spinners Ltd has appointed Sri Siva Kumar Ramaswami (DIN: 01791576) as an Additional (Independent) Director on its board, effective June 1, 2025. The appointment is for a period of five years, subject to approval from shareholders at the upcoming Annual General Meeting. The new director holds an M.Tech, MBA, and a Post Graduate Diploma in Law from NALSAR, and brings over four decades of experience in production, marketing, and corporate affairs. He has no other listed directorships or committee memberships, and is not related to any existing director on the board.
This is a routine governance update that strengthens the board with an experienced independent director. It is unlikely to have any material impact on the stock price, though it signals compliance with board composition norms.