PRAKASH INDUSTRIES LTD. - Outcome of Board Meeting

Prakash Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 06, 2016, inter alia, have approved the following:<BR><BR>1. Appointment of Shri. Kanha Agarwal as Joint Managing Director of the Company w.e.f. February 06, 2016.<BR><BR>2. Resignation of Shri. Pankaj Chaturvedi from the Directorship of the Company w.e.f. February 06, 2016.