Chandrima Mercantiles Ltd — Updates, 04-07-2025: Company Update

Chandrima Mercantiles Limited has announced a board meeting to approve key leadership changes: Mr. Pranav Kamleshkumar Trivedi’s designation changed from Executive Director to Non-Executive, Non-Independent Director & Chairman. Mr. Arun Thakor resigned from his role as Non-Executive, Non-Independent Director citing personal reasons, with no other material cause disclosed. The company adopted a new Memorandum of Association and reconstituted its Nomination and Remuneration Committee and Stakeholders Relationship Committee with updated memberships. An Extraordinary General Meeting of shareholders is scheduled via video conferencing to further address these changes.