Sri Lakshmi Saraswathi Textiles (Arni) Limited announced that the current tenure of appointment of Mr. J.M. Grover as an Independent Director of the Company, for a period of five years is nearing completion on 31st March 2024. In view of this Mr. J.M. Grover will cease to be an Independent Director with effect from 31st March 2024. Accordingly, the term of appointment of Mr. J. M. Grover as an Independent Director of the Company shall conclude on 31st March 2024.