VTM Limited announced that the Board of Directors, at their meeting, have approved the appointment of Mr. M. Anbukani (DIN: 00888339) as an Additional Director in the category of Independent of the Company for a term of five years with effect from October 28, 2022 subject to the approval of shareholders. Mr. M. Anbukani will be a Non-Executive Independent Director and he is not related to the Promoter or Promoter Group and fulfills the criteria of Independence as required under the provisions of the Companies Act, 2013 and the rules framed thereunder and the Listing Regulations. Brief Profile: BBA-Marketing from Thiagarajar College,Madurai, & MBA-Marketing from PSG-Tech, Coimbatore.

The details of New independent director are as under: Mr. M. Anbukani a 58 year old MBA Qualified(Marketing) heading a garment company as MD, and serving the other two Ready made garment companies in the capacity of CEO.(all private limited companies.),and Has an Overall work experience in Textile/Garment Companies in the above respective capacities of around 30 years in the functional areas.