StockWatch
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Non Banking Financial Company (NBFC)
Management Change30 Sept 2026, 08:11 pm

Mangalam Industrial Finance Appoints Additional Non-Executive Woman Independent Director

AI Summary

Mangalam Industrial Finance Limited announced the appointment of Ms. Bhavika Dhaval Makadia as an Additional Director in the category of Non-Executive Woman Independent Director. The decision was approved by the Board of Directors at their meeting held on September 30, 2026. Ms. Makadia, a qualified Company Secretary with over 4 years of professional experience, will hold office until the ensuing Annual General Meeting. Her appointment is based on the recommendation of the Nomination and Remuneration Committee. She is not related to any existing director and is not debarred from holding a directorship by any regulatory authority.

Key Highlights

  • Ms. Bhavika Dhaval Makadia appointed as Additional Non-Executive Woman Independent Director.
  • Appointment approved by the Board of Directors on September 30, 2026.
  • Director holds office until the next Annual General Meeting.
  • Ms. Makadia has over 4 years of experience in corporate governance and compliance.
  • She is not related to any existing directors of the company.