Magenta Lifecare Appoints New Independent Director, Notes Resignation

Magenta Lifecare Ltd announced changes in its board of directors following a meeting on September 1, 2026. Mr. Nikhil Bharatbhai Mistry was appointed as an Additional Non-executive and Independent Director. The company also noted the resignation of Ms. Nidhi Bansal from her position as Non-executive and Independent Director. The board also approved the appointment of M/s. V C A & Associates as Statutory Auditors for a five-year term, subject to shareholder approval. Additionally, the notice for the 11th Annual General Meeting, scheduled for September 28, 2026, was approved, along with the reconstitution of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders’ Relationship Committee.