New elected member of Indian spinners association

Mr.Prashant Mohta, MD Gimatex Industries Ltd was elected President of Indian Spinners Ltd. Gimatex has its plant at Hinganghat near Nagpur having 225000 spindles. Mr Prakash Maheshwari, Chief Executive , Corporate Affairs, RSWM Ltd was elected Vice President . RSWM Ltd is having nearly 5 lac spindles. Mr. M L Jhunjhunwala, former President of RSWM Ltd, was appointed Executive Director.