Kandagiri Spinning Mills Limited announced that Non-Independent Director of Company, Dr. R. Ramarathnam had resigned from the Board of the Directors of the company due to his preoccupation with other business affairs. The Board of Directors of the Company at their meeting held on August 11, 2019 had taken on record of the resignation of the Independent Director Dr. R Ramarathnam and acknowledged deep sense of appreciation for the exemplary services rendered by Dr. R. Ramarathnam during his tenure as an Independent Director of the Company. The resignation will be effective from August 11, 2019.