Pawan Golyan Takes Charge as Chairman Alongside Akshay Golyan as Managing Director of RSML
Summary
Pawan Golyan has been appointed Chairman and Akshay Golyan Managing Director of Reliance Spinning Mills after the company’s 32nd Annual General Meeting. Shareholders also approved a 30 percent cash dividend worth NPR 57 crore from free reserves.
Key Points
- Pawan Golyan was appointed Chairman and Akshay Golyan was named Managing Director after the 32nd Annual General Meeting of Reliance Spinning Mills.
- Shareholders approved updating the board structure to six directors, including representatives from the promoter group, general shareholders and an independent director.
- The board unanimously selected Pawan Golyan as Chairman and Akshay Golyan as Managing Director.
- Shareholders approved a 30 percent cash dividend, totaling NPR 57 crore, from the company’s free reserves.