Prag Bosimi Synthetics Ltd — Important, 22-05-2026: Company Update

PRAG BOSIMI SYNTHETICS LTD. has announced a leadership change with Shri Hivare Nisarg Gautam, IAS, appointed as the new Chairman and Nominee Director. He takes over from Shri Megha Nidhi Dahal, effective from May 19, 2026. This appointment comes as a directive from the Government of Assam. Shri Gautam, an experienced IAS officer and Managing Director of Assam Industrial Development Corporation, holds a B. Tech from IIT and serves as Secretary in the Chief Minister Office. His appointment is a key development affecting the company's governance and future strategic direction.