Siyaram Silk Mills Limited at its board meeting held on 25 July, 2019, has approved and/or noted the following: Approved appointment of Shri. Sachindra N. Chaturvedi, Shri. Deepak R. Shah, Shri. Ashok N. Desai and Shri. Chetan S. Thakkar as additional directors and independent directors, effective 1 August, 2019. Noted, expiry of the term of appointment of Smt. Ashadevi R. Poddar as Executive Director on 31 July, 2019. Smt. Ashadevi R. Poddar has resigned as Director of the Company with effect from 31 July, 2019. Noted expiry of term of appointment of Shri. Tarun Govil as Independent Director on 29 July, 2019 and expiry of term of Shri. Mangesh D. Teli, Shri. Dileep H. Shinde, Shri. Ashok N. Garodia, Shri. Pramod S. Jalan, Shri. Shailesh S. Vaidya and Shri. Harish N. Motiwalla as Independent Directors on 31 July, 2019. Shri. Sachindra N. Chaturvedi has expertise in the field of Audit, Taxation, Project Finance, Corporate Finance, Investment Banking, Amalgamation & Mergers, Corporate Laws, International Taxation, Due Diligence exercises, Valuation of business/companies, Restructuring & Rehabilitation and Strategic Business Planning. Shri. Deepak R. Shahis has 30 years experience in the field of Direct and Indirect Tax. Shri. Ashok N. Desai has expertise in the field of Spinning Technology, Microbiology, E-Beam Radiation of Textiles, Plasma Processing applications to Textiles and other related fields. Shri. Chetan S. Thakkar is a qualified Solicitor with expertise in the field of capital markets including IPO, rights issues, QIPs, FCCB offerings foreign collaborations, mergers & acquisitions, private equity investments, corporate laws, banking, loan syndication, ECBs FDI, franchising, insurance matters and intellectual property matters.
Siyaram Silk Mills Limited is an India-based textile company. The Company is engaged in manufacturing, branding and marketing of fabrics, readymade garments and indigo dyed yarn. Its businesses include fabrics, apparel, exports, home furnishing, institutional, yarns, and retail. It offers a range of fabrics, including polyester viscose, polyester viscose blend, polyester viscose lycra, polyester cotton, wool linen, polyester viscose linen, polyester wool, wool lycra and others. It offers indigo products, which include 100% cotton indigo dyed yarn, cotton-poly blended indigo dyed yarn, cotton/lycra indigo dyed yarn, cotton slub yarn indigo dyed yarn, fancy indigo dyed yarn and viscose/excel/tencel indigo dyed yarn. The institutional division of it caters to diverse markets, offering a varied range of garments, including formal wear, casual attire, uniform for office and home furnishing fabrics. Its brands include Miniature, Oxemberg, Royale Linen, Unicode, Cadini and others.