Mangalam Worldwide Limited has informed the Exchange regarding Appointment of Mr Mohit Kailash Agrawal as Executive Director of the company w.e.f. August 06, 2025.
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Mangalam Worldwide Limited has informed the exchange about two board-level changes approved at its meeting on June 28, 2025. Mr. Mohit Kailash Agrawal has been re-appointed as Whole Time Director designated as Whole Time Director & Chief Financial Officer for a 3-year term effective August 6, 2025, subject to shareholder approval. Mr. Susanta Kumar Panda, a retired 1982-batch Indian Revenue Service officer with extensive experience in customs, excise, GST, and enforcement, has been appointed as Additional Independent Director for 5 years effective June 28, 2025. Both appointments are subject to shareholder approval at the upcoming Annual General Meeting.
These are routine governance changes — a continuation of the existing CFO/WTD and the addition of a seasoned former bureaucrat as an independent director. No negative signal for shareholders; the moves suggest continuity in finance leadership and an effort to strengthen board independence with regulatory and policy expertise.