Nahar Spinning Mills Limited informed that the shareholders in their 42 Annual General Meeting held on, August 24, 2022 has approved the appointment of Dr. Yash Pual Sachdeva (DIN: 02012337) and Dr. Anchal Kumar Jain (DIN:09546925) as an Independent Director of the Company w.e.f. August 24, 2022, to hold office for 5(five) consecutive years for a term upto August 23,2027. Dr. Yash Paul Sachdeva is 60 years of age. He is MBA with specialization in Financial Management and Ph.D. (Capital Markets and Investment Management).

He is an eminent educationalist and Corporate Advisor. His areas of specialization are Accounting and Financial Management, Security Analysis and Portfolio Management,and Management Control Systems. He has more than 30 years of experience in the field of Business Management and Administration. He retired as Proffessor in the Business Administration Department of Punjab Agriculture University Ludhiana.

Dr. Anchal Kumar Jain is 62 years of age and he has done B.Tech, M.Tech & P.h.D. and having more than 37 years experience in Teaching. He has retired as Professor and Head (Soil and Water Engineering) from Punjab Agricultural University, Ludhiana. He was awarded with many prizes.

He has also served as Professor at Lovely Professional University, Phagwara (Punjab).