Suryalakshmi Cotton Mills Limited has informed the Exchange about re-appointment of Managing Director in the Annual General Meeting
SURYALAXMI · price
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Suryalakshmi Cotton Mills shareholders have approved the re-appointment of Sri. Paritosh Agarwal as Managing Director at the 62nd Annual General Meeting held on September 30, 2025. The re-appointment is for a 5-year term running from June 21, 2025 to June 20, 2030. Paritosh Agarwal has extensive experience in the textile industry, particularly in setting up the Denim division and building the company's export business, which has grown from 10 million meters to 40 million meters capacity. He is the son of Sri. L.N. Agarwal, the Chairman of the company, confirming continued promoter family control of the business.
This is a routine re-appointment ensuring leadership continuity with an experienced promoter-family member. It is unlikely to cause any material movement in the stock price, but it reaffirms the Agarwal family's continued control and strategic direction of the company.