Suryalakshmi Cotton Mills Limited announced that based on the recommendation of Nomination and Remuneration Committee, the Board of Directors have appointed Sri. Arvind Sadashiv Mokashi as an Additional Director in the category of Independent Director of the Company for a term of five years with effect from 10 August, 2023 subject to the approval of shareholders, Sri. Arvind Sadashiv Mokashi will be a Non-Executive, Independent Director and he is not related to Brief Profile Mr. Arvind Sadashiv Mokashi is a retired banker who has rich experience at senior levels in handling credit requirements of large and mid corporates, designing corporate credit processes, implementing resolution mechanism, restructuring of stressed assets.