Raghuvir Synthetics Limited announced that at its board meeting held on January 4, 2019, based on the recommendation of Audit Committee, Nomination & Remuneration Committee and subject to approval of members at the Extra ordinary General Meeting, consent of the Board of Directors be and is hereby accorded unanimously for recommending the approval of members for change in designation and appointment of Mr. Yash S. Agarwal (holding DIN 02170408), Director to be designating as Joint Managing Director of the Company for a period of five years from February 4, 2019 - February 3, 2024. On the recommendation of Audit Committee, Nomination & Remuneration Committee and subject to approval of members at the Extra ordinary General Meeting, consent of the Board of Directors is hereby accorded unanimously for recommending the approval of members for change in designation & appointment of Mr. Hardik S. Agarwal (holding DIN 03546802) Director to be designating as Joint Managing Director of the Company for a period of five years from February 4, 2019- February 3, 2024.