Prakash Woollen & Synthetic Mills Ltd — Important, 30-08-2025: Company Update

Prakash Woollen & Synthetic Mills has reappointed Mr. Daya Kishan Gupta as its Managing Director for a fresh three-year term, effective September 1, 2025. Mr. Gupta, with 43 years of extensive experience in industry and corporate management, will continue to steer the company. His reappointment, based on his significant contribution, ensures leadership continuity and leverages his long-standing expertise for future growth. His monthly remuneration is set at Rs. 0.07 Cr, inclusive of perquisites. He also holds 170,910 shares in the company. This move signals stability in top management.