Management Change21 Jul 2026, 07:20 pm
Magnanimous Trade & Finance Directors Resign
AI Summary
Magnanimous Trade & Finance Ltd has announced the resignation of two directors: Mr. Nevil Kamdar from the post of Independent Director and Mr. Dhaval Parekh from the post of Director. Both resignations are effective July 21, 2026. The stated reasons for their departures are 'Pre-Occupancy and other commitments'. Both directors have confirmed there are no other material reasons for their resignation. The company has provided the necessary disclosures as per SEBI regulations.
Key Highlights
- Two directors, Nevil Kamdar and Dhaval Parekh, have resigned.
- Resignations are effective from July 21, 2026.
- Stated reasons include pre-occupancy and other commitments.
- No other material reasons for resignation were disclosed.
Price Impact
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