S. P. Apparels Limited — Others, 07-03-2025: Appointment

The Board has approved the appointment of Mr. Ravishankar Balaraman as a Non-Executive Independent Director and the re-appointments of Mr. Sundararajan Chenduran and Mrs. Sundararajan Shantha as Joint Managing Directors. Their re-appointments are subject to shareholder approval via postal ballot, with Mr. Chenduran and Mrs. Shantha taking their roles effective August 11, 2025, for a term of three years. This leadership continuity may enhance operational stability, potentially fostering a positive outlook among investors. The company plans to engage shareholders for their consent, which could reflect an inclusive governance approach.