Swarna Securities Ltd — Updates, 07-05-2025: Company Update

Swarna Securities Limited has announced a board meeting on which accepted the immediate resignation of Mr. Karunakar Mandava from his position as an Independent Director. Mr. Mandava cited personal commitments and ageing as reasons for stepping down. He was also a member of several key committees including the Audit, Nomination & Remuneration, and Stakeholders Relationship Committees. The resignation does not stem from any other material issues, and Mr. Mandava held no directorships or committee memberships in other listed companies. This change affects the company’s board composition and governance oversight.