Bannari Amman Spinning Mills Appoints Sri R Shanmugavelayutham as Independent Director

Bannari Amman Spinning Mills Limited (BASML) has announced the successful appointment of Sri R Shanmugavelayutham as an Independent Director. The approval was sought through a special resolution via a...

Bannari Amman Spinning Mills Limited (BASML) has announced the successful appointment of Sri R Shanmugavelayutham as an Independent Director. The approval was sought through a special resolution via a postal ballot, with the last day for remote e-voting being December 18, 2025. The members of the company passed the resolution with the requisite majority. The company has enclosed the voting results from the remote e-voting process and the Scrutinizer's Report, dated December 18, 2025, as per SEBI regulations and the Companies Act, 2013.

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Why is Bannari Amman Spinning Mills Limited in the news today?

Bannari Amman Spinning Mills Limited (BASML) is in the news due to the appointment of an independent director is a positive development for corporate governance.

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Bannari Amman Spinning Mills Appoints Sri R Shanmugavelayutham as Independent Director

December 19, 2025, 11:12 AM

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Bannari Amman Spinning Mills Limited (BASML) has announced the successful appointment of Sri R Shanmugavelayutham as an Independent Director. The approval was sought through a special resolution via a postal ballot, with the last day for remote e-voting being December 18, 2025. The members of the company passed the resolution with the requisite majority. The company has enclosed the voting results from the remote e-voting process and the Scrutinizer's Report, dated December 18, 2025, as per SEBI regulations and the Companies Act, 2013.

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