Prag Bosimi Synthetics Appoints IAS Officer Megha Nidhi Dahal as New Chairman

Prag Bosimi Synthetics , a prominent player in the synthetic fiber industry, has announced a significant change in its leadership. The company has appointed Shri Megha Nidhi Dahal, IAS, as its new Chairman and Nominee Director, effective July 25, 2025. This appointment comes as a result of a directive from the Government of Assam, replacing the outgoing Chairman, Shri Manvendra Pratap Singh.

New Leadership at the Helm

Shri Megha Nidhi Dahal, a distinguished IAS officer from the 2015 batch, brings a wealth of experience in public administration and governance to his new role at Prag Bosimi Synthetics. His appointment underscores the company's commitment to strong leadership and effective management.

Dahal's Impressive Portfolio

The newly appointed Chairman holds several key positions in various government bodies and organizations:

• Managing Director of Assam Industrial Development Corporation Limited
• Commissioner in Guwahati Municipal Corporation
• Transport Commissioner of Government of Assam

Corporate Governance and Affiliations

Shri Dahal's extensive experience extends to the corporate sector as well. According to the company's disclosure:

• He holds directorships in eight companies, including limited, private limited, and foundations.
• He serves on two board committees of other companies.
• Notably, Shri Dahal does not hold any shares in Prag Bosimi Synthetics Ltd.

Independence and Compliance

In line with corporate governance best practices, Prag Bosimi Synthetics has confirmed that Shri Megha Nidhi Dahal has no inter-se relationship with other directors or key management personnel of the company. This independence is crucial for maintaining objectivity in decision-making processes.

Looking Ahead

The appointment of Shri Megha Nidhi Dahal as Chairman marks a new chapter for Prag Bosimi Synthetics Ltd. With his diverse experience in both public administration and corporate governance, stakeholders will be keenly watching how his leadership influences the company's strategic direction and performance in the coming years.

Prag Bosimi Synthetics Ltd has duly informed the Bombay Stock Exchange of this change in leadership, adhering to the regulatory requirements under Regulation 30 of SEBI (LODR) Regulations, 2015.