Magenta Lifecare Appoints New Director, Auditor, and Schedules AGM

Magenta Lifecare Ltd announced key board decisions following a meeting on September 1, 2026. The company appointed Mr. Nikhil Bharatbhai Mistry as an Additional Non-executive and Independent Director and accepted the resignation of Ms. Nidhi Bansal from the same position. The board also recommended the appointment of M/s. V C A & Associates as Statutory Auditors for a five-year term, subject to shareholder approval. Furthermore, the Notice of the 11th Annual General Meeting (AGM) was approved, with the AGM scheduled for September 28, 2026, to be held via Video Conference. Committees including Audit, Nomination and Remuneration, and Stakeholders' Relationship were reconstituted.