STYL Textile Ventures Limited announced that at its board meeting held on August 30, 2017, Smt. A Lalitha has resigned from the position of director of the company with effect from August 31, 2017, Sri. S K Sundararaman has been appointed as the Managing director of the company with effect from August 31, 2017.

Dr. S V Kandasami has been appointed as an additional director of the company with effect from August 31, 2017. Smt. Sujana Abirami has been appointed as women director of the company with effect from August 31, 2017.

Sri. R Srinivasan has been appointed as company Secretary & Compliance Officer with effect from August 31, 2017. Sri.

C Krishnakumar has been appointed as Chief Financial officer of the company with effect from August 31, 2017, inplace of Sri S Seshadari. The demerger under Scheme of Arrangement entered between Shiva Texyarn Limited and STYL Textile Ventures Limited.