Magnanimous Trade Appoints Darvin Kiyada as Independent Director

Magnanimous Trade & Finance Ltd announced the appointment of Mr. Darvin Maheshbhai Kiyada as an Additional Non-Executive Independent Director. The appointment, effective July 25, 2026, is for a term of five years, subject to regulatory and shareholder approval. Mr. Kiyada brings over two years of experience in accounts and finance and has no existing relationship with the company's current directors. The board also approved the reconstitution of various board committees. This appointment is part of the company's ongoing efforts to strengthen its board governance.