Prakash Woollen & Synthetic Mills Limited announced that at the meeting of the Board of Directors of the Company held on July 18, 2019, the board of directors has approved Mr. Jai Kishan Gupta, Vice President to resign from the Company, effective August 16, 2019; Mr. Jai Kishan Gupta appointed as an Additional Director of the Company, effective August 17 2019 and the Board recommend the appointment of Mr. Jai Kishan Gupta as Managing Director liable to retire by rotation in the forthcoming Annual General Meeting; Mr. Daya Kishan Gupta, Vice President- Marketing to resign from the Company, effective August 16, 2019; and Mr. Daya Kishan Gupta appointed as an Additional Director of the Company, effective August 17, 2019.