Amarjothi Spinning Mills Limited has issued a postal ballot notice to shareholders seeking approval for the appointment of a new Independent Director. The company announced the postal ballot process through a disclosure under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Postal Ballot Details

The company has scheduled remote e-voting for shareholders to approve the appointment of Ms. Krishnan Kaviyas (DIN: 11459296) as a Non-Executive Independent Director. The voting process will be conducted exclusively through electronic means, with no physical postal ballot forms being distributed.

Proposed Director Profile

Ms. Krishnan Kaviyas brings significant expertise to the board with her educational background and professional experience. She holds a B.B.A., L.L.B (Hons) degree and works as an Advocate, practicing in Civil, Criminal and Family matters in Tirupur District Court.

Company Financial Performance

The postal ballot notice includes the company's recent financial performance data, demonstrating strong growth across key metrics.

Voting Process and Timeline

Shareholders whose email addresses are registered with the company, depositories, or depository participants as of the cut-off date will receive the postal ballot notice electronically. The company has engaged Central Depository Services (India) Limited (CDSL) as the authorized agency to provide the remote e-voting facility.

The resolution, if approved by the requisite majority, will be deemed passed on February 11, 2026. Results will be announced within 48 hours of the conclusion of e-voting, no later than February 13, 2026, and will be displayed on the company's website and communicated to the stock exchange.

Independence and Compliance

Ms. Krishnan Kaviyas has submitted a declaration confirming she meets the independence criteria under Section 149(6) of the Companies Act, 2013, and Regulation 16(1)(b) of the SEBI Listing Regulations. The appointment requires approval through a special resolution as mandated by Regulation 25(2A) of the Listing Regulations for Independent Director appointments.

The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, believes that Ms. Kaviyas' skills, knowledge, and experience will benefit the company. Upon appointment, she will be entitled to sitting fees for attending board and committee meetings, along with reimbursement of expenses.

Amarjothi Spinning Mills Limited's Board of Directors has recommended the appointment of Ms. Krishnan Kaviyas as Independent Director for a five-year term, marking a significant governance development for the textile company. The recommendation follows the Nomination and Remuneration Committee's proposal and requires shareholder approval through postal ballot.

Board Recommendation Details

The Board has recommended Ms. Krishnan Kaviyas (DIN: 11459296) for appointment as Independent Director, subject to shareholder approval through postal ballot with remote e-voting facility.

Director Profile and Qualifications

Ms. Krishnan Kaviyas brings extensive legal and governance expertise to the Board. She holds a B.B.A., L.L.B (Hons) degree and possesses comprehensive knowledge in legal drafting, governance, corporate affairs, advisory services, strategy, and general management.

Regulatory Compliance and Disclosure

The appointment follows SEBI regulations and disclosure requirements. The company has confirmed that Ms. Kaviyas is not debarred from holding directorship by any regulatory authority and maintains no relationships with existing Board members.

The formal communication was signed digitally by Company Secretary Mohana Priya M and submitted to BSE Limited at Phiroze Jeejeebhoy Towers, Mumbai, ensuring compliance with listing obligations and transparency requirements.