R Pasari Spinning Mills Limited submitted a regulatory intimation to the Bombay Stock Exchange (BSE) regarding the reconstitution of its Board Committees. The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The reconstitution was necessitated by two key changes in the board composition:
- Resignation of Ms. Sheela Arvind (DIN: 01020390) from her position as Non-Executive Independent Director
- Appointment of Ms. Bhavna Agrawal (DIN: 11916622) as Additional Director in the category of Non-Executive Independent Director
The Board of Directors approved the reconstitution of three committees during their meeting held on 30th October 2026, with changes effective from the conclusion of that meeting.
Revised Committee Composition (Effective 30th October 2026)
Audit Committee:
- Chairperson: Ms. Bhavna Agrawal (Non-Executive, Independent Director)
- Member: Mr. Byadarahally Lakshmaiah Pundareeka (Non-Executive, Independent Director)
- Member: Mrs. Poonam Gupta (Non-Executive, Non-Independent Director)
Nomination & Remuneration Committee:
- Chairperson: Ms. Bhavna Agrawal (Non-Executive, Independent Director)
- Member: Mr. Byadarahally Lakshmaiah Pundareeka (Non-Executive, Independent Director)
- Member: Mrs. Poonam Gupta (Non-Executive, Non-Independent Director)
Stakeholders Relationship Committee:
- Chairperson: Ms. Bhavna Agrawal (Non-Executive, Independent Director)
- Member: Mr. Byadarahally Lakshmaiah Pundareeka (Non-Executive, Independent Director)
- Member: Mrs. Poonam Gupta (Non-Executive, Non-Independent Director)
The letter was signed by Krishna Kumar Gupta, Managing Director (DIN: 00003880), on behalf of R Pasari Spinning Mills Limited.
Financial Impact
No financial impact quantified in the disclosure. The changes are related to corporate governance structure.