Prakash Woollen & Synthetic Mills' Board has announced significant governance and financial decisions.

The board appointed new Whole-Time, Independent, and Non-Executive Directors, and put forth the reappointment of its Managing Director, all subject to shareholder approval at the upcoming Annual General Meeting.

These strategic leadership additions aim to strengthen the company's oversight and operations.

Furthermore, the board approved borrowing up to Rs. 10 Crore from promoters/directors/corporate entities, enhancing financial flexibility for future growth.

A secretarial auditor was also proposed for approval.