Manglam Infra & Engineering Limited — Others, 07-02-2025: Resignation

Manglam Infra & Engineering Limited reports the resignation of two Non-Executive Independent Directors, Mr. Vinod Chandra Semwal and Mr. Sanjay Chaudhary, effective from the close of business on February 6, 2025. Both directors confirmed there are no material reasons for their departures beyond personal commitments. This change in governance may prompt a reassessment of management stability and strategic direction, potentially impacting investor sentiment. While the immediate effect could be a neutral impact, ongoing developments in board composition will be crucial for maintaining investor confidence.