Management Change25 Sept 2026, 02:38 pm
Prakash Woollen Reappoints Vijay Kumar Gupta as Whole Time Director
AI Summary
Prakash Woollen & Synthetic Mills Ltd has announced the reappointment of Mr. Vijay Kumar Gupta as Whole Time Director for a term of three years, effective April 1, 2027, to March 31, 2030. Mr. Gupta, who has 47 years of experience in accounting and financial management, will receive a remuneration of ₹7,00,000 per month. His reappointment is in accordance with the Companies Act, 2013, and SEBI (LODR) Regulations, 2015.
Key Highlights
- Vijay Kumar Gupta reappointed as Whole Time Director.
- Term of reappointment: April 1, 2027, to March 31, 2030.
- Monthly remuneration set at ₹7,00,000.
- Director possesses 47 years of experience in finance.
- Reappointment aligns with company policies and regulations.
Price Impact
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