Pursuant to Regulation 30 of SEBI (LODR) regulations 2015 we hereby enclosing the disclosure regarding the resignation of independent director.
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Amarjothi Spinning Mills has informed the stock exchange about three decisions taken at its board meeting on March 16, 2026. First, Independent Director Smt. Manonmani Sivasamy (DIN: 10715570) resigned with immediate effect, citing personal reasons and other professional commitments; she also stepped down as Chairman of the Stakeholder Relationship Committee and as a member of the CSR Committee. Second, Mr. Sivakumar, a Chartered Accountant based in Tirupur, was appointed as the Internal Auditor for FY 2026-2027. Third, M/s. M. Nagarajan & Co., Cost Accountants from Coimbatore, was re-appointed as Cost Auditor for FY 2026-27 at a remuneration of Rs. 40,000 per annum (excluding travel and out-of-pocket expenses). The resigning director confirmed there are no other material reasons for her exit beyond those mentioned in her resignation letter.
The departure of one independent director is a routine board change with no governance red flags; the re-appointment of auditors for FY 2026-27 signals normal compliance continuity with no material impact expected on the stock price.