Arrow Textiles Limited announced the resignation of Mr. Chand Arora as Managing Director of the company with effect from closing of business hours October 31, 2018 on account of personal reason. The company announced the appointment of Dr. Ram H. Shroff as Managing Director of the company for a period of 5 year with effect from November 1, 2018 to October 31, 2023, subject to approval of members and other regulatory requirements.