Announced Sat, 25 Jul · 15:29 IST

Two Independent Directors appointed to the Board

Management Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Magnanimous Trade & Finance has appointed Mr. Darvin Maheshbhai Kiyada and Mr. Rushi Arvindbhai Savliya as Non-Executive Independent Directors for 5 years each, effective 25 July 2026. Both appointments are subject to shareholder approval. The Board also reconstituted various committees. Neither holds shares in the company or directorships elsewhere.

Likely market impact

Routine board expansion with two new independent directors. Strengthens governance but no immediate material impact on operations or financials.