Sri Ravi Sam resigns as non-executive, non-independent director
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Ravi Sam (DIN 00007465) resigned as non-executive, non-independent director, effective 28 October 2026, citing travel and other commitments as chairman of South India Textile Research Association and Cotton Textiles Export Promotion Council. The board also approved September quarter results: revenue from operations of Rs 130.18 crore versus Rs 104.92 crore a year earlier, and net profit of Rs 13.76 crore versus Rs 4.06 crore.
A board exit by a non-independent director may draw investor attention, while sharply higher profit and revenue can support the stock.