Resignation of Independent Director
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Alna Trading & Exports Ltd announced that Ms. Mala Arun Todarwal has resigned as Independent Director effective January 31, 2026, citing pre-occupation and other professional commitments. She has confirmed there are no other material reasons for her departure. Simultaneously, the Board appointed Ms. Amita Sachin Karia as Additional Director (Non-Executive & Independent) for a 5-year term, subject to shareholder approval. Ms. Karia is a Fellow Company Secretary and law graduate with over 13 years of experience in corporate and securities law compliance, and currently serves on boards of multiple listed companies including Welspun Steel, Magellanic Cloud, and Konstelec Engineers. The outgoing director Ms. Todarwal will continue as Independent Director at IVP Ltd, Angel One Ltd, and AYM Syntex Ltd.
This is a routine one-for-one board reshuffle — one independent director replaced by another — with the outgoing director explicitly confirming no governance or material concerns. Minimal direct impact expected on shareholders or stock price.