Mangalam Organics Limited — Others, 18-02-2025: Shareholders meeting

Mangalam Organics Limited has announced a board meeting to secure shareholder approval for the appointment of Mr. Mahesh Lahurao Navathar as Executive Director - Works, effective from February 7, 2025. The decision, recommended by the Nomination and Remuneration Committee, aims to leverage Mr. Navathar’s extensive 14-year experience in chemical plant operations and project management. The proposed remuneration is capped at ₹60,00,000 (₹60 lakhs) per annum. This appointment may enhance operational efficiency and contribute positively to company performance, fostering investor confidence in leadership stability. Remote e-voting for approval starts from February 21, 2025, to March 22, 2025.