Mahan Industries Ltd — Important, 12-11-2025: Company Update

Mahan Industries' Board of Directors has approved the financial results for the quarter and half-year. The Board also accepted the resignation of Mr. Sunil Prataprai Gurnani as Chief Financial Officer due to personal reasons. Concurrently, Mr. Niranjan Jain has been appointed as the new Chief Financial Officer. Mr. Jain is a seasoned Chartered Accountant with over two decades of extensive experience in finance, accounting, and strategic financial management. He is also a Director on the Board. This appointment is expected to bolster the company's financial leadership and strategic oversight.