Simplex Mills Company Ltd — Important, 16-06-2026: Company Update

The company has announced the appointment of Shri Shrikrushna N. Pawar as an Additional Independent Director, approved by its Board. This appointment is contingent on shareholder approval at the upcoming Annual General Meeting. Shri Pawar holds Master's in Commerce and a Law degree, bringing significant experience in marketing, accounts, and administration to the board. His diverse professional background is expected to strengthen governance and strategic oversight. This move enhances the company's leadership with independent expertise, beneficial for stakeholder confidence and operational guidance.