Intimation of completion of tenure of Mrs. Latika Pradhan (DIN 07118801) Independent Director of the Company.
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Mrs. Latika Prakash Pradhan (DIN: 07118801) has ceased to be an Independent Director of Mafatlal Industries Limited with effect from April 17, 2025. Her second consecutive five-year term as Independent Director ended on April 16, 2025, in line with the SEBI-mandated limit of two consecutive terms for independent directors. The Board has recorded its appreciation for her contributions and guidance during her tenure. The disclosure was filed under SEBI Listing Regulations, with full cessation details provided in Annexure A.
This is a routine, planned end of tenure and not a surprise exit. It creates a vacancy on the board that the company will need to fill with a new Independent Director within permitted timelines. Minimal impact on share price expected.