Mahavir Industries Limited announced that Mr. Bhavik Anil Harsora, non-executive- independent director vide letter dated 8 December 2023 has submitted his resignation with immediate effect, due to personal reasons. Mr. Bhavik Harsora has confirmed vide his resignation letter that there are no material reasons for his resignation other than as specified in the letter. Date of cessation is December 8, 2023.