ALPHA TRIBE

Suryalakshmi Cotton Mills LimitedOthers, 27-12-2024: Change in Management

27-12-2024 | 05:07 pm

Sri. Arvind Sadashiv Mokashi has resigned as Non-Executive Independent Director of Suryalakshmi Cotton Mills Ltd., effective at the close of business on 25 December 2024. His departure includes a resignation from committees such as the Audit Committee and Stakeholders Relationship Committee. Meanwhile, Sri. Santosh Kumar Agarwal has been appointed as Chief Financial Officer (CFO), effective 1 January 2025. Agarwal brings over 36 years of experience in finance, working with major firms like Century Textiles. This leadership change could signal a strategic shift, possibly enhancing investor confidence in future financial management.

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