Simmonds Marshall Limited Announces Cessation of F. K. Banatwalla as an Independent Director and Consequently Ceased to Be a Director

Simmonds Marshall Limited is an India-based company, which is primarily engaged in the business of manufacture of industrial fasteners and bolts. The Company manufactures a range of specialized nylon insert self-locking nuts and other special fasteners. The Company produces approximately 500 million nuts per annum in a range from M4 to M48 diameter and equivalent imperial sizes. These nuts are manufactured either to American, British, Japanese, ISO or Indian Standards in a variety of thread forms and protective finishes. The Company also has a battery of multi-spindle automatic bar turning centers capable of producing related automotive components as well. It is fully equipped to supply a range of Bolts from its associated companies ranging from M5 to M70. It caters to the automotive and industrial sectors, and supplies to automobile manufacturers in India. The Company’s clients include General Motors, Fiat, Honda, Caterpillar, Suzuki, Leyland, Dana, and New Holland.