The board of directors of Mangalam Industrial Finance Limited at its meeting held on June 3, 2021, considered and approved the following matters; appointment of (1) Mr. Yatin Sanjay Gupte (DIN 07261150) as Additional Non-Executive Non-Independent Director (2) Mr. Sojan V. Avirachan (DIN 07593791) as Additional Non-Executive Non-Independent Director and (3) Mr. R. Venkataramana (DIN 02809108) as Additional Executive Non-Independent Director, (4) Mr. Bhargav Govindprasad Pandya ((DIN: 08693675), as Additional Non-Executive Non-Whole Time Independent Director (5) Mr. Nikhil Bhagwanshanker Dwivedi (DIN: 08865234) as Additional Non-Executive Non-Whole Time Independent Director and (6) Mrs. Neelambari Harshal Bhujbal (Subject to allotment of DIN) as Additional Non-Executive Non-Whole Time Independent Woman Director of the Company with effect from 03rd June, 2021, who shall hold office up to the date of the upcoming general meeting of the company; and accepted resignation of Pradeep Kumar Daga (Managing Director), Mr. Utpal Dey, Mr. Rathindra Nath Ghosh and Mr. Santosh Choradia, Mr. Nitesh Singh and Ms. Pritika Choraria as Directors of the Company effective 03rd June, 2021.