Magenta Lifecare Reconstitutes Committees, Appoints New Director

Magenta Lifecare Ltd announced the reconstitution of its Audit Committee (AC), Nomination and Remuneration Committee (NRC), and Stakeholders' Relationship Committee (SRC) effective September 1, 2026. The company also appointed Mr. Nikhil Bharatbhai Mistry as an Additional Non-executive and Independent Director and noted the resignation of Ms. Nidhi Bansal from the same position. The Board further recommended the appointment of M/s. V C A & Associates as Statutory Auditors for a five-year term, subject to shareholder approval. The 11th Annual General Meeting (AGM) is scheduled for September 28, 2026, to be held via Video Conference.