The board of directors of Maris Spinners Limited meeting held on May 30, 2019, recommended payment of dividend at INR 1 per share was proposed for the financial year ended March 31, 2019, subject to the approval of shareholders.

At the meeting, the board approved the appointment of two Independent Directors and one woman Director; Mr. Parag Harkishon Udani and Mr. S. Kalyanaraman, who are appointed as additional Directors at this Board Meeting and Mrs. Ananthankumar Dhamayanthi, Woman Director, is appointed as additional Director in the Board Meeting.