Disclosure regarding details of reappointment of Independent Director
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kandagiri Spinning Mills has reappointed CS Nattery Srinivasan Poornima (DIN: 07138931) as a Non-Executive Independent Director for a second term of one year, from 8th August 2025 to 7th August 2026. The reappointment was approved by the Board via circular resolution on 1st August 2025, based on the recommendation of the Nomination and Remuneration Committee. The reappointment is subject to shareholder approval at the upcoming Annual General Meeting. The company confirmed that the director is not debarred from holding office by SEBI or any other authority.
This is a routine governance filing with no material impact on shareholders or the stock price. The continuation of an existing independent director supports board continuity, and shareholder approval at the AGM remains a procedural step.