Bannari Amman Sugars Limited has informed the Exchange regarding Appointment of Mrs SOWMYA SITARAM as Independent of the company w.e.f. September 11, 2025.
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Bannari Amman Sugars has appointed Smt. Sowmya Sitaram (DIN: 11254035) as an Additional Director in the Non-Executive Woman Independent category. The appointment is for a term of five consecutive years, effective September 11, 2025 to September 10, 2030, subject to shareholder approval. She holds a B.A., B.L. qualification and is a senior practicing lawyer in Coimbatore with over 37 years of legal experience. The Board has also reconstituted its Audit, Nomination & Remuneration, CSR, and Stakeholders' Relationship Committees effective from September 11, 2025, with Sowmya Sitaram being added to all of them.
This is a routine board-level governance change that strengthens board diversity by adding an independent woman director. No material impact on stock price or shareholder value is expected from this appointment.