Lambodhara Textiles has informed that the Board of Directors of the Company at its meeting held today, Friday the 5th day of May, 2023 has, approved the following; Based on the recommendation of the Nomination and Remuneration Committee and subject to the approval of the members of the Company by means of a special resolution, the Board of Directors has approved the continuation of Directorship of Baba Chandrasekar Ramakrishnan (holding DIN: 00125662) as Non-Executive Non-Independent Director beyond the age of 75 years. The Board of Directors has decided to conduct postal ballot process to seek the approval of members for the continuation of Directorship of Baba Chandrasekar Ramakrishnan (holding DIN: 00125662) as Non-Executive Non-Independent Director beyond the age of 75 years.
The above information is a part of company’s filings submitted to BSE.
