Jayatma Spinners has informed that pursuant to the recommendation of the Nomination and Remuneration committee, the Board of Directors of the Company at its meeting held on 22.04.2019 has designated and appointed Nirav Shah, who currently holds the position of Non- Executive Director, as Chairman and Managing Director for a period of 5 years with effect from April 22, 2019; subject to approval of the Shareholders. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular no. CIR/CFD/CMD/4/2015 dated 09.09.2015 are given in annexure to this intimation.
The above information is a part of company’s filings submitted to BSE.
