MAS Financial Services Limited — Others, 04-03-2025: Appointment

The Board of Directors has approved the appointment of Dr. Barnali Chaklader as a Non-Executive Independent Director for one year, effective March 4, 2025, subject to shareholder approval via postal ballot. This move aligns with the company's governance needs following the upcoming retirement of an existing independent director. Additionally, Mr. Dipak Dangar, the Chief Operating Officer of the Retail Asset Channel, will resign effective March 31, 2025, to pursue entrepreneurial interests, with Mr. Vivek Vyas appointed as his successor from April 1, 2025.

This leadership change may create opportunities for governance improvements and operational continuity, potentially enhancing investor confidence as the company transitions to new management while emphasizing strategic succession planning.