The Board of Monno Fabrics Limited has appointed Rasheed Samiul Islam, existing Deputy Managing Director of the Company, as the Managing Director of the Company with effect from 30 October 2023. The company has informed that the Board of Directors of the company accepted the resignation of Horun Nahar Rashid from the position of Chairman of the company with immediate effect and to continue as a Director of the Company. The Board also accepted the resignation of Afroza Khanam from the position of Managing Director of the Company with immediate effect and elected her as the Chairman of the Company with effect from 30 October 2023.