Pranavaditya Spinning Mills: Board Meeting Outcome for Outcome Of Board Meeting Held On July 29 2022

We wish to inform you that at the Board Meeting held today i.e. on July 29 2022 the Board of Directors of Pranavaditya Spinning Mills Limited (the Company) approved the Unaudited Standalone Financial Results of the Company for the quarter ended June 30 2022.

Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) 2015 (Listing Regulations) we are enclosing herewith the following:

1. Unaudited Standalone Financial Results of the Company for the quarter ended June 30 2022;
2. Limited Review Report issued by M/s. Suresh Kumar Mittal & Co. Statutory Auditors of the Company on Unaudited Standalone Financial Results for the quarter ended June 30 2022.

Further pursuant to the recommendation of Nomination and Remuneration Committee the Board at its meeting held today has also appointed Mr. Neeraj Kalaskar as Chief Executive Officer (KMP) of the Company w.e.f. 29th July 2022 under Section 203 of the Companies Act 2013.