Prime Industries Appoints Sanjiv Malik As Managing Director

Board appointed Sanjeev Malik as Additional Executive Director, to be designated Managing Director from September 8, 2026, subject to shareholder approval. Restores executive leadership after the prior MD transition and WTD resignation, addressing the company’s recent governance gap. Malik brings over 30 years of textile and related-industry experience but has no company shareholding; appointment terms remain subject to shareholder approval.