Reappointment of Mr T Raghuraman Managing Director of the Company for a period of 3 years from 23-09-2026 to 22-09-2029 subject to the approval of the shareholders at the ensuing annual ....
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The Board of Directors of Maris Spinners Ltd approved the reappointment of Mr. T Raghuraman as Managing Director for a further period of 3 years. His current tenure expires on 22-09-2026, and the new term will run from 23-09-2026 to 22-09-2029. This reappointment requires shareholder approval at the 47th Annual General Meeting scheduled for 20-08-2026. Mr. Raghuraman is one of the promoters of the company with vast experience in the textile industry. He is related to Mr. T Jayaraman (Director) and Mr. Athithya Raghuraman (Whole-time Director). The board made this decision on 28th May 2026 based on the recommendation of the Nomination and Remuneration Committee.
This is a routine governance matter ensuring leadership continuity. The reappointment of an experienced promoter-led Managing Director is typically viewed positively by shareholders as it maintains stability in company management.