Suryalakshmi Cotton Mills Limited informed that based on the recommendation of Nomination & Remuneration Committee, the Board of directors at their meeting held on May 24, 2024, approved the appointment of Sri. R. Surender Reddy (DIN - 00083972) as an Additional Director (till the upcoming Annual General Meeting) designated as Non- Executive Non-Independent Director with effect from May 24, 2024. Sri R. Surender Reddy, well known personality of A.P. & Telangana, has wide experience in business and Politics.

He was a Member of parliament for four terms and was also Member of legislative Assembly (Andhra Pradesh) for four terms. He was also on the Board of Andhra Bank and A.P State Financial Corporation. He has been Chairman of Hyderabad Race Club for several years and is on the Boards of several Companies.