Ambica Agarbathies & Aroma industries Limited has informed the Exchange regarding Re- Appointment of Mr Sri Chunduru Anjaneya Swamy as Non- Executive Independent Director of the company w.e.f. July 29, 2025.
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Ambica Agarbathies & Aroma Industries has re-appointed Mr. Sri Chunduru Anjaneya Swamy as an Independent Director for a second term of 5 years, effective July 29, 2025, running until July 28, 2030. The re-appointment was recommended by the Nomination and Remuneration Committee and is subject to shareholder approval at the upcoming general meeting. Mr. Swamy is 69 years old with over 40 years of experience in marketing, trading, and consumer goods. He is not related to any promoters or directors, holds no shares in the company, and is not debarred by SEBI from holding the position.
This is a routine board continuity announcement with no material impact on shareholders or the stock price. The re-appointment of an existing independent director simply maintains the current board composition pending shareholder vote.