Prism Cement announces resignation of director

With effect from 24 August 2016

Prism Cement announced that the term of V. M. Panicker, Executive Director & CEO - RMC (Non-independent) expires on 24 August 2016. Panicker has communicated his unavailability to continue as Executive Director & CEO (RMC) with effect from close of business hours on 24 August 2016 for personal reasons.

Panicker has submitted his resignation as Director from the Board of Directors of the Company with effect from close of business hours on 24 August 2016.

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