Mangalam Organics Limited — Others, 07-02-2025: Change in Management

The Board has approved the unaudited financial results for the quarter ended December 31, 2024, showcasing total income of ₹12,392.27 million and profit before tax of ₹483.31 million. Mr. Mahesh Navathar has been appointed as an Additional Executive Director of Works for three years, pending shareholder approval via postal ballot. He also takes over as the factory occupier, replacing Mr. Pannkaj Dujodwala due to increased commitments. This leadership change indicates a proactive management strategy aimed at refining operational efficiency, potentially enhancing investor sentiment through a stable and experienced team.