Intimation for appointment of director and independent director
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Maris Spinners Limited has appointed two Whole-time Directors (Technical) and one Independent Director, all for a five-year term effective August 1, 2025. Mr. R Thangamariappan and Mr. R S Ganappathi, both with over 30 years of experience in the spinning industry, will serve as Whole-time Directors (Technical), having previously been General Managers at the company's units in Mysore and Trichy. Mrs. V Sumathi, a practicing Chartered Accountant with over 20 years of experience, has been appointed as Independent Director. None of the appointees are related to existing directors and none are debarred by SEBI. All appointments are subject to shareholder approval at the upcoming Annual General Meeting.
The appointments bring experienced spinning-industry professionals into leadership and add a chartered accountant as independent director, which may strengthen technical expertise and board oversight. Shareholders will need to approve these appointments at the next AGM.