Mangalam Worldwide Limited has informed the Exchange regarding Cessation of Mr Mayank S Tibrewala as Plant Head- Kapadvanj, being Senior Management Personnel of the company w.e.f. September 01, 2025.
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Mangalam Worldwide Limited has informed the stock exchange that Mr. Mayank S Tibrewala has ceased to be the Plant Head of its Kapadvanj facility, a Senior Management Personnel role, with effect from September 01, 2025. The company has not disclosed the reason for his departure. Kapadvanj is one of the company's manufacturing units, so this change relates to operational leadership at a plant level. No replacement or transition plan has been mentioned in this filing.
This is a routine senior management change at the plant level and is unlikely to materially affect the company's financials or stock price, unless it signals deeper operational issues at the Kapadvanj unit.