RSWM Limited — Important, 20-02-2025: General Updates

The Company has issued a Postal Ballot Notice seeking approval for key appointments. Shri Thomas Varghese is proposed as an Independent Director, bringing over 40 years of experience in the textile industry, including significant roles at Aditya Birla Group and expertise in strategy and operations. Additionally, Shri Rajeev Gupta is up for appointment as a Director and Joint Managing Director, recognizing his extensive experience (30 years) in textiles and strategic leadership roles across various segments.

The e-voting process for these decisions opens on 21st February 2025 and closes on 22nd March 2025. Approval results will be announced by 25th March 2025. These changes are crucial for the company’s management as it aims for operational improvement and future growth, offering a positive outlook for stakeholders. Investors should keep a close watch as these appointments could shape the strategic direction of the Company moving forward.