Appointment of SMP, Senior Vice President (Personnel & Administration)
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Deepak Spinners Ltd has appointed Dr. Ramesh Kumar Sharma as the Senior Vice President (Personnel & Administration), effective from 5th March 2026. The appointment was made by the Board of Directors via a circular resolution, based on the recommendation of the Nomination and Remuneration Committee. Dr. Sharma is a postgraduate in Personnel Management and Industrial Relations with over 35 years of experience in HR administration, having previously worked with Birla Textile Mills (Baddi) and the Ministry of Home Affairs, Government of India. His terms of appointment will be governed by the company's Nomination and Remuneration Policy.
This is a routine internal management appointment and is unlikely to have any material impact on the stock price or shareholder value. It reflects the company strengthening its senior HR leadership team.