Polyspin Exports Limited has appointed Smt. Durga Ramji as Managing Director and Key Managerial Personnel for a period of three years effective May 29, 2026. The Board of Directors also appointed Smt. Shwetha Ramji as an Additional Director. These leadership changes aim to strengthen the company's management structure as it continues operations in the woven sack industry.

The appointments were approved during the Board meeting held on May 29, 2026. Smt. Durga Ramji, a Promoter of the company, transitions from her role as Non-Executive Director. She brings three decades of experience in the woven sack industry and previously served as a Whole-time Director of Polyspin Private Limited. Smt. Shwetha Ramji, an affiliate of the Association of Chartered Certified Accountants (ACCA), joins the Board with extensive experience in accounting and operations, having previously served as Vice President – Operation of the company.

The details of the appointments are as follows:

Both appointments are subject to necessary approvals. Smt. Durga Ramji's appointment as Managing Director requires shareholder approval at the ensuing Annual General Meeting. Smt. Shwetha Ramji will also be regularized as a Director during the forthcoming AGM. The company disclosed that both appointees are not debarred from holding the office of Director by any SEBI order or other authority. Smt. Durga Ramji and Smt. Shwetha Ramji are related to each other.

Polyspin Exports Limited has accepted the resignation of Smt. Shwetha Ramji from the position of Vice President – Operation, effective from the close of business hours on May 28, 2026. The decision, taken by the Board of Directors on May 29, 2026, follows a recommendation from the Nomination and Remuneration Committee and was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The resignation was submitted due to personal reasons. The company confirmed that the cessation of employment occurred at the end of business hours on the specified date. The disclosure was made in compliance with Part A(7) of Schedule III of the SEBI LODR Regulations and the relevant SEBI Master Circular.

The filing provided specific details regarding the change in senior management personnel. The annexure submitted to the exchange outlined the nature of the change and the effective date of cessation.

The notification was signed by A. Emarajan, Company Secretary and Compliance Officer of Polyspin Exports Limited. The company is a 100% Export Oriented Unit based in Rajapalayam, Tamilnadu.