Yarn Syndicate Ltd — Updates, 16-05-2025: Company Update

Yarn Syndicate Limited has announced a board meeting to call an Extra-Ordinary General Meeting (EGM) through video conferencing to appoint Mr. Mithleshkumar M Agrawal as a Non-Executive, Non-Independent Director. Mr. Agrawal, with over 10 years of experience in the textile industry, was earlier appointed as an Additional Director and his term expires at the EGM. The company facilitates remote e-voting for shareholders, with voting rights proportionate to shareholding. This appointment aims to leverage Mr. Agrawal's expertise to strengthen the board's oversight and benefit the company’s business.