Appointment of Mrs. Kinjal Shah as Additional Director under the category on Non-Executive Independent.
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Padam Cotton Yarns Ltd has appointed Mrs. Kinjal Shah (DIN: 11031676) as an Additional Director in the Non-Executive Independent category, effective April 11, 2025. The appointment is subject to shareholder approval and, once confirmed, she will serve as Independent Director for a five-year term ending April 10, 2030. Mrs. Shah holds a BBA with a specialization in Human Resources from Gujarat University and is registered with the Independent Directors Databank. She is not related to any existing director on the board and does not hold any shares in the company.
This is a routine board-level appointment to strengthen independent oversight. It is unlikely to have any material impact on the stock price, but adds HR and governance expertise to the board, pending shareholder approval at the next general meeting.