Prism Johnson Limited has made significant changes in its leadership team. The company's Board of Directors, at their meeting on February 6, 2025, approved the re-appointments of key personnel, including Mr. Vijay Aggarwal as Managing Director and Mr. Sarat Kumar Chandak as Executive Director & CEO (HRJ), both for a term of 3 years, starting March 3, 2025. The re-appointments will be subject to shareholder approval, and the company will be seeking their consent through Postal Ballot voting as per Companies Act and SEBI LODR guidelines.

Mr. Vijay Aggarwal is a highly experienced leader with a wealth of experience in the manufacturing industry. He is a graduate of IIT Delhi and holds a Post Graduate Diploma in Management from IIM Ahmedabad, where he was awarded the Gold Medal for academic excellence. Mr. Aggarwal’s illustrious career spans several decades, and he has held multiple prestigious positions in industry associations, including serving as the Chairman of the Indian Council of Ceramic Tiles and Sanitaryware. He has also been involved in several significant roles in H. & R. Johnson (India) Limited, where he served as Managing Director and CEO before the merger with Prism Johnson. Under his leadership, Prism Johnson has seen considerable growth and expansion in the building materials industry, particularly in ceramic tiles and sanitaryware.

Meanwhile, Mr. Sarat Kumar Chandak has been re-appointed as Executive Director & CEO (HRJ). Mr. Chandak, a Science Graduate, brings with him over 30 years of rich industry experience. His expertise in the building materials industry, especially in tile manufacturing, has been an asset to Prism Johnson. Before his current role, he served in several other senior positions in the company, including Zonal Head and Key Account Head. His leadership has been vital in enhancing the company's market presence, especially in tiles.

In addition to these re-appointments, the Board has also designated Mr. Parag Jain, the current Chief Marketing Officer - Cement Division, as Senior Management Personnel. Mr. Jain has been with the company since September 2014 and has progressively taken on leadership roles. His responsibilities now include overseeing marketing strategies that enhance business growth, brand positioning, and product profitability for Prism Johnson's cement division. With an MBA in Marketing and over 25 years of experience in industries like cement and tyres, Mr. Jain is poised to bring greater value to the company in his new role.

Prism Johnson is committed to ensuring compliance with SEBI regulations. The Nomination and Remuneration Committee and Board of Directors have made the necessary disclosures under SEBI LODR regulations, confirming that neither Mr. Aggarwal nor Mr. Chandak are related to any of the company's existing directors or key managerial personnel. Furthermore, both leaders are not debarred from holding the office of director by SEBI or any other authority, as per SEBI Circulars issued in June 2018.

These strategic leadership appointments and designations signal Prism Johnson’s commitment to its long-term growth strategy and corporate governance standards. The company’s shareholders will have the opportunity to approve these changes through Postal Ballot, ensuring transparency and alignment with shareholder interests.

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