Madhusudan Securities Ltd — Important, 21-11-2025: Company Update

MSL Global Limited announced the approval of Mr. Harsh Pradip Javeri's resignation as an Independent Director. This development marks a change in the company's board composition. Mr. Javeri confirmed that there are no material reasons for his departure other than those previously communicated in his resignation letter. For investors, this signifies a shift in the board's independent oversight, an important aspect of corporate governance. The company will now need to address this vacancy.