Century Textiles and Industries Limited informed that Mr. J.C. Laddha was appointed as the Managing Director of the Company with effect from 12 August, 2019 for a period of three years. Accordingly, Mr. Laddha will retire as the Managing Director of the Company on 11 August, 2022 after completing his three years' tenure. After completion of his tenure as a Managing Director of the Company he will continue to be on the Board of the Company with effect from 12 August, 2022 as a Non-Executive and Non-Independent Director.