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

The Board of Directors has approved the appointment of Dr. Barnali Chaklader as a Non-Executive Independent Director for a term of one year, effective March 4, 2025, pending shareholder approval via postal ballot. This addition aligns with the company's governance strategy, following the upcoming retirement of the current independent director. Furthermore, Dipak Dangar will resign from his position as Chief Operating Officer of the Retail Asset Channel, effective March 31, 2025, to pursue entrepreneurial ventures. Vivek Vyas has been named to succeed him, starting April 1, 2025. This leadership change may enhance investor confidence as the company refreshes its management team.