Padam Cotton Yarns has informed that the Board of Directors at their meeting held today 19th March, 2022 has considered and approved the following, subject to the approval of shareholders at the ensuing Annual General Meeting of the Company where applicable: Re-designated and appointed Radhika Gupta (DIN: 07071267) as Managing Director of the Company for a period of 5 (five) years with effective from 19th March, 2022. 2. Change in designation of Vivek Gupta (DIN: 00172835) from Managing Director to Non-Executive, Non-Independent Director with effective from 19th March, 2022.
The above information is a part of company’s filings submitted to BSE.