Cargotrans Maritime Ltd — Important, 23-09-2025: Company Update

Cargotrans Maritime Limited's board has appointed Mr. Nilesh Gopal Rabadia as an Additional Director (Non-Executive-Independent) for a five-year term, subject to shareholder approval. Mr. Rabadia, a Chartered Accountant, brings over 20 years of experience to the role. Simultaneously, Mr. Praveen Agarwal has stepped down as an Independent Director due to pre-occupation and personal commitments. His resignation also entails his cessation from the Audit and Nomination & Remuneration Committees. These changes reflect an update to the company's independent board composition, aiming to maintain governance and oversight.