The Board of Directors of Pranavaditya Spinning Mills Umited held on July 29, 2022 has appointed Mr. Neeraj Kalaskar as "Chief Executive Officer" with effect from 29th July, 2022, under Section 203 of the Companies Act, 2013. "Mr. Neeraj Kalaskar, B (Text) by qualifications, has 30+ years of cross-functional experience in Textiles, FMCG, and Retail domain in India and Africa. He has worked with various organizations like Colgate- Palmolive, Tolaram Group Lagos etc.

in various capacities. The said appointment is made to fill up the vacancy caused in the position of Chief Executive Officer (KMP) of the Company due to retirement of Mr. Ashok G. Halasangi from the position of Chief Executive Officer of the Company with effect from close of working hours of 30 June, 2022.