Chandrima Mercantiles: Director Resigns, New Director Appointed

Chandrima Mercantiles Ltd announced a board meeting held on August 12, 2026, where the resignation of Mr. Parin Shirishkumar Bhavsar as Non-Executive and Independent Director was noted, effective the same date. The company confirmed no material reasons beyond those in his resignation letter. Concurrently, Ms. Neha Singhal was appointed as an Additional Non-Executive Independent Director. The board also reconstituted the Audit Committee, Nomination and Remuneration Committee, and Stakeholders’ Relationship Committee. Additionally, M/s. Sarang Shivajirao Chavan & Associates were appointed as Internal Auditors for FY2026-27, and the unaudited financial results for the quarter ended June 30, 2026, were presented.