Sambandam Spinning Mills Limited announced the reappointment and appointment of several directors at its 52nd Annual General Meeting held on September 18, 2026. Sri S. Bhaskaran was re-appointed for a second term. TCA Srinivasa Prasad and S. Prakash were appointed as Non-Executive Independent Directors for their first terms. Dr. V. Sekar and D. Balasundaram completed their final terms as Non-Executive Independent Directors.
Director Appointments and Reappointments Confirmed
Sambandam Spinning Mills Limited has formally announced changes to its board of directors following the 52nd Annual General Meeting (AGM) held on September 18, 2026. These changes are in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Personnel Changes
Sri S. Bhaskaran Reappointed
Sri S. Bhaskaran, DIN 09241221, has been re-appointed by the Board of Directors for a second term of three years, effective from August 14, 2026. This reappointment was further approved and confirmed by the shareholders through a special resolution during the AGM held on September 18, 2026. His role as a director has been confirmed for another three-year term.
New Independent Directors Appointed
TCA Srinivasa Prasad, DIN 05228526, and S. Prakash, DIN 00941374, have been appointed as Non-Executive Independent Directors. Their appointments are effective from the conclusion of the 52nd AGM on September 18, 2026, and they will serve for an initial term of three years. Both directors were appointed through special resolutions passed by the shareholders.
Directors Completing Tenure
Dr. V. Sekar, DIN 03128187, and D. Balasundaram, DIN 07800844, have completed their second and final term as Non-Executive Independent Directors. Their tenure concluded on the same date as the 52nd AGM, September 18, 2026.
Director Profiles and Relationships
The brief profiles of the directors highlight their extensive experience. Sri S. Bhaskaran has a strong background in banking and financial services. TCA Srinivasa Prasad brings expertise in Cost and Management Accounting and extensive experience in running spinning mills. S. Prakash’s profile indicates a background in Textile and PG Diploma in Management, with experience in leadership roles within the sector.
It is confirmed that all current directors and newly appointed directors are not related to each other, nor are they debarred from holding directorships by any SEBI order or other authority.
Source: BSE
