PADAM COTTON YARNS LTD. - Intimation Of Appointment Of Independent Director

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (''SEBI Listing Regulations''), we wish to inform your good office that, the Board of Directors has appointed the following Directors on the Board of the Company w.e.f. 28th April, 2021:<BR> 1. Appointment of Mr. Naresh Chand Goyal as an Additional Director (Non-Executive & Independent) <BR> Mr. Naresh Chand Goyal (DIN- 07608268) has been appointed as an Additional Director (Non-Executive & Independent) for a period of 5 years w.e.f. 28.04.2021 subject to the approval of the Shareholders of the Company at the next Annual General Meeting. <BR> 2. Appointment of Mr. Sachin Gupta as an Additional Director (Non-Executive & Independent) <BR> Mr. Sachin Gupta (DIN- 01111152) has been appointed as an Additional Director (Non-Executive & Independent) for a period of 5 years w.e.f. 28.04.2021 subject to the approval of the Shareholders of the Company at the next Annual General Meeting.