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

Chandrima Mercantiles Limited has announced a board meeting outcome approving the change in designation of Mr. Pranav Kamleshkumar Trivedi from Executive Director to Non-Executive, Non-Independent Director and Chairman. Mr. Arun Thakor resigned as Non-Executive, Non-Independent Director citing personal reasons, with no other material factors involved. The company adopted a new Memorandum of Association and reconstituted its Nomination and Remuneration Committee and Stakeholders Relationship Committee, with Mr. Trivedi playing key roles as Chairman. An Extraordinary General Meeting of shareholders will be held via video conference to discuss these changes.