Yarn Syndicate Ltd — Important, 25-05-2026: Company Update

YARN SYNDICATE's board has approved key changes to its governance structure. Mr. Burhanuddin Hakimuddin Lokhandwala, a finance professional, has been appointed as an Additional Non-Executive Independent Director. His appointment, stemming from the Nomination and Remuneration Committee's suggestion, aims to bolster independent oversight. Additionally, the company has re-constituted its Audit Committee and Nomination & Remuneration Committee. These steps strengthen board independence and committee functions, vital for enhancing corporate governance and shareholder trust.