The Nomination and Remuneration Committee of Ludlow Jute & Specialities Limited recommended the appointment of Mr. Ashish Chandrakant Agrawal as Managing Director (Category: Additional Director) of the Company with effect from 14th June 2023 for a term of 5 years. Subsequently, the Board in its meeting held on 14th June, 2023 approved the said appointment subject to shareholders approval in the ensuing Annual General Meeting of the Company. Mr. Ashish Chandrakant Agrawal, aged about 51 years, has completed his B.Tech.

in Chemical Engineering from Laxminarayan Institute of Technology, Nagpur and has a Masters in Finance and Personnel Management from Dhanwate National College, Nagpur. He has an experience of 26 years particularly in Terry towel and Denim. He has worked at various position like processing head, quality head, cost control and MIS head, project head and finally business head.

Currently, he is working as the Group CEO of Kanoria Chemicals & Industries Ltd., Delhi (Kanoria Africa Textile PLC (Ethiopia), Kanoria Chemicals & Industries Ltd. and Ludlow Jute & Specialties Ltd).