The Board of Directors of Prakash Steelage Limited at its meeting held on August 13,2019 approved the resignation of Mr. Ashok M. Seth from the position of Chief Financial Officer of the Company with effect from August 13,2019; the change in designation of Mr. Ashok M. Seth from Executive (Whole time Director) to a Non Executive Director with effect from August 13,2019; The appointment of Mr. Hemant P. Kanugo as Chief Financial Officer (Whole- time Key Managerial Personnel) of the Company with effect from August 13,2019.