RSWM Limited announced that the Board of Directors of the Company at its meeting held on 24 January, 2024, Accepted the resignation of Shri Arvind Gupta as Business Head & Chief Executive - Melange Yarn and he will be relieved from the services of the Company with effect from 31 January, 2024. Appointment of Shri Y. D. Tiwari as Business Head & Chief Executive -Melange Yam Business of the Company with effect from 1 February, 2024. Shri Y. D. Tiwari is B. Tech in Man Made Fibre Technology from G.C.T.I, Kanpur and M. Tech in Textile Technology Business from G.C.T.I, Kanpur and brings with him more than 35 years rich experience across various Textiles Companies in different capacities.

Prior to his appointment as Business Head & Chief Executive-Melange Yam Business, Shri Y.D. Tiwari had already been working with the Company as Chief Operating Officer at Lodha Unit, Banswara of the Company.